Japan's Nikkei Stock Average climbed on Wednesday after nation's machinery orders surpassed estimates. Moreover ECB approved a plan to guarantee deposits. Nikkei 225 added 0.6% or 51.12 points and closed at 8,587.84. Canon weakened 1.1% as Credit Suisse reduced its price target for the equities. Commodity linked shares rose on optimism for possible stimulus. Kobe Steel climbed 2.2% and Toho Zinc ascended 2.1%. Heavyweight Fast Retailing gained 1.8%.