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Asia stocks rise amid positive US company news

By , on February 14th, 2013

<!– google_ad_section_start –> BANGKOK (AP) — Stock markets in Asia moved higher Thursday on the heels of positive corporate news and resilience in U.S. consumer spending. Japan’s Nikkei 225 index rose 0.6 percent to 11,317.61. The Tokyo market shrugged off data showing the Japanese economy shrank for a third straight quarter in the last three months of 2012, as investors expected the yen’s recent weakness will boost company earnings. The Bank of Japan ended a policy meeting Thursday with no new initiatives, which was the expected outcome ahead of an impending leadership change at the central bank. <!– google_ad_section_end –>

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Asia stocks rise amid positive US company news

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