Asian stocks advance on Obama's confidence reaching a budget agreement

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The MSCI Asia Pacific Index was 1.1% higher to 121.18 points in the second part of Tokyo trading hours on Monday. Asian equities increased for a second day, setting the regional benchmark for the biggest advance in last two months, as Barack Obama, the President of the U.S., expressed his confidence regarding the fiscal cliff solutions and agreement with Congress on the next year budget.

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