Asia stocks climb, led by Japan, on weaker Yen; oil rises
Bareksa • 10 Feb 2014
Pedestrians are silhouetted as they walk past an electronic stock board outside a securities firm in Tokyo (Bloomberg/Kiyoshi Ota)
Japan reported a record current account deficit for December today
Bloomberg - Asian stocks rose, with the regional index headed for its longest streak of daily gains since December, as Japanese shares rallied on a weaker yen. Oil rose to its highest level this year and South Korea’s won climbed to one-week high against the greenback.
The MSCI Asia Pacific Index increased 0.4 percent, rising for a fourth day, at 9:50 a.m. in Tokyo. Japan’s Topix index climbed 1 percent, while Standard & Poor’s 500 Index (SPX) futures were little changed after the U.S. gauge rallied 1.3 percent on Feb. 7.