Hong Kong Stocks Advance After Capping Back-to-Back Weekly Gains

Hong Kong stocks rose, after the city benchmark index capped two straight weekly gains, as energy and technology companies led the advance. The Hang Seng Index added 0.2 percent to 23,019.37 as of 9:31 a.m. in Hong Kong, heading for its highest close since April 14. The Hang Seng China Enterprises Index increased 0.4 percent to 10,160.25. The gauge of mainland companies traded in the city climbed 1.7 percent last week, extending its...

Japans Topix Heads for Seven-Week High on Yen, U.S. Optimism

Japans Topix index headed for a seven-week high as the yen held declines and U.S. stocks climbed to a record after new home sales data buoyed optimism about the world��s largest economy. Electrical-appliance exporters provided the biggest boost to the Topix. Nikon Corp. climbed the most on the Nikkei 225 Stock Average after the camera maker��s equity rating was raised at Credit Suisse Group AG. Sony Corp. gained 3.6 percent after saying...

Hong Kong Stocks Swing After Capping Back-to-Back Weekly Gains

Hong Kong stocks swung between gains and losses on low trading volume, after the city��s benchmark index capped two straight weekly increases, as investors weighed whether China��s government will add to stimulus. Winsway Coking Coal Holdings Ltd. led declines for energy producers, which posted the biggest drop among the 11 industry groups on the Hang Seng Composite Index. PetroChina Co. dropped 1.1 percent, dragging on the Hang Seng...