(Bloomberg) — Most Asian stocks rose Monday after the outcome of Japan’s election bolstered expectations for fiscal stimulus and as all-time highs for U.S. shares encouraged some investor optimism. The yen weakened.
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Equities jumped more than 2% in Japan, where Prime Minister Fumio Kishida’s Liberal Democratic Party defied forecasts by preserving its outright majority. Stocks dipped in China amid data signaling economic weakness due to power shortages, surging…
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