Asian Stocks Rise as U.S. Retail Sales, Japan GDP Boost Outlook
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Asian stocks rose following the longest series of weekly losses since June after U.S. retail sales increased by the most in four months and Japan’s second-quarter gross domestic product beat economist estimates.
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Bloomberg.com
Asian stocks rose following the longest series of weekly losses since June after U.S. retail sales increased by the most in four months and Japan’s second-quarter gross domestic product beat economist estimates.

Toyota Motor Corp., the largest carmaker by market value, climbed 2.9 percent in Tokyo. BHP Billiton Ltd., the world’s biggest mining company, gained 4.3 percent in Sydney amid optimism metals demand will pick up. Leighton Holdings Ltd., Australia’s biggest builder, surged 8.3 percent after saying it expects to return to annual profit. PICC Property & Casualty Co. jumped 10 percent in Hong Kong after first-half earnings almost doubled from a year earlier.