Asian stocks outside Japan rose after Chinese exports grew more than forecast. Japanese shares sank as the yen strengthened after the Bank of Japan maintained its stimulus policy.
Nikkei 225 13,605.56 -219.38 -1.59%
Hang Seng 21,644.96 +56.12 +0.26%
S&P/ASX 200 5,064.8 +53.50 +1.07%
Shanghai Composite 2,044.9 -1.88 -0.09%
BHP Billiton Ltd., the world’s No. 1 mining firm, gained 1.2 percent in Sydney.
Kubota Corp. climbed 1.6 percent after profit at the Japanese tractor maker surged 50 percent, topping analyst forecasts.
Telstra Corp. gained 2.4 percent as Australia’s largest phone company posted earnings that beat analyst estimates after luring subscribers to its wireless services.