Asian stocks rose, with the regional benchmark poised for its longest winning streak in three months, led by Japanese stocks as the Topix index rose to a five-year high after the yen fell.
Nikkei 225 16,174.44 +164.45 +1.03%
S&P/ASX 200 Closed
Shanghai Composite 2,073 -33.25 -1.58%
Toyota Motor Corp., the world’s biggest carmaker, advanced 2.9 percent in Tokyo.
SoftBank Corp. added 3.4 percent in Tokyo on a report it’s likely to raise funds to buy T-Mobile US Inc. in the U.S. bond market.
Rex International Holding Ltd. slumped 9.4 percent in Singapore after the oil explorer said a joint venture suspended its first well in Oman.