Wed, 30 Jan 2013 08:08:04 GMT
Asian stocks rise as Japan's shares surge
Asian shares rose, with the regional benchmark index set for the highest close since August 2011, as Japan's stocks increased on earnings and on speculation the Fed will maintain monetary stimulus. The MSCI Asia Pacific Index advanced 0.7% to 133.47 at 3:31 p.m. in Tokyo. Japan's Nikkei 225 Stock Average gained 2.3% and closed above 11,000, the first time since