Asian stocks rise, buoyed by US stocks' gains and weaker yen
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Asian stocks rallied Thursday, lifted by a rise in U.S. stocks following an uptick in oil prices. A weakening of the Japanese yen pushed Tokyo's benchmark higher; Associated Press reported.
Japan's benchmark Nikkei 225 surged 2.4 percent to 17,309.44, as exporters' shares gained, since a weaker yen usually tends to boost their profits. Hong Kong's Hang Seng climbed 1.6 percent to 21,575.17. The Shanghai Composite index shed early gains ad was down 0.1 percent to 2,969.14. Australia's S&P/ASX 200 rose 0.8 percent to 5,256.90. South Korea's KOSPI was up 0.6 percent to 2,018.97. Southeast Asian markets were higher.
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