(Bloomberg) -- Asian stocks gained for the first
time in three days after Japan raised its first-quarter growth
estimate for the region's biggest economy.
Mitsubishi UFJ Financial Group Inc., Japan's largest bank,
climbed on expectations stronger growth will boost profits for
domestic businesses. Sony Corp. and Samsung Electronics Co. rose
after a decline in U.S. bond yields damped speculation that the
Federal Reserve will raise interest rates in Asia's largest
export market.
Read more at Bloomberg Stocks News
time in three days after Japan raised its first-quarter growth
estimate for the region's biggest economy.
Mitsubishi UFJ Financial Group Inc., Japan's largest bank,
climbed on expectations stronger growth will boost profits for
domestic businesses. Sony Corp. and Samsung Electronics Co. rose
after a decline in U.S. bond yields damped speculation that the
Federal Reserve will raise interest rates in Asia's largest
export market.
Read more at Bloomberg Stocks News
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