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- Tuesday: Asia Pacific stocks close
Tuesday: Asia Pacific stocks close
Asian stocks
rose, ending a five-day losing streak for the regional equities
benchmark, as a weakening yen boosted the earnings outlook for
Japanese exporters and China Taiping Insurance Holdings Co. surged
after saying it will buy its parent's assets.
Nikkei 225 14,311.98 +169.33 +1.20%
S&P/ASX 200 4,970.7 +10.84 +0.22%
Shanghai Composite 2,317.14 +24.07 +1.05%
China Taiping, the first overseas-listed Chinese insurer, jumped 13 percent in Hong Kong. Toyota Motor Corp., the world's biggest carmaker, climbed 4.9 percent in Tokyo.
Toho Holdings Co. lost 5.3 percent as the Japanese maker of medical equipment said it will raise funds to reinvestment in capital.
Tokyo Electric Power Co. sank 6 percent, leading Japanese utilities lower.
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