Topix Extends Six-Year High as Airlines, Shippers Gain on Oil

Japanese stocks rose, with the Topix index extending a six-year high, as a weaker yen boosted exporters while airlines and shippers climbed on a slide in oil. The Topix added 0.4 percent to 1,415.57 as of 9:05 a.m. in Tokyo after closing last week at its highest level since June 2008. The measure gained 5.8 percent in November, the biggest monthly advance since September 2013. All but seven of the 33 industry...

Asian Stocks Decline as Oil Rout Drags Commodity Producers Lower

Asian stocks fell for a third day and U.S. equity-index futures declined as oil extended its slump. The MSCI Asia Pacific Index slid 0.3 percent to 140.25 as of 9:01 a.m. in Tokyo, before markets opened in China and Hong Kong. Energy producers posted the largest declines last week as Brent oil extended its 2014 rout to 37 percent amid a glut in supply. West Texas Intermediate crude today dropped below $65 a barrel for the first time since...

Gold Futures Drop Most in Three Weeks on Dollar Gain, Lower Oil

Gold futures capped the biggest decline in three weeks as a stronger dollar and plunging energy prices curbed demand for the metal. Silver plunged the most in 17 months. Benchmark Brent crude yesterday fell the most in more than three years after the 12-nation Organization of Petroleum Exporting Countries kept its output target unchanged, cutting golds appeal as an inflation hedge. The dollar rose to a five-year high against a basket...