In today’s market report… Asian stocks were up on increasing optimism about the global economy.
Japan's Nikkei rose to a 4-month high as exporters climbed, helped by stable currency moves. Sharp gained after it reached a cross-licensing agreement with a resin and rubber parts maker.
Positive economic indicators also boosted the sentiment in Asia.
Profits at Chinese industrial companies returned to growth in January through November, ending a year of declines and offering evidence of a stronger recovery for firms.
Japan's industrial output rose for the ninth consecutive month in November. It’s the longest streak of gains in more than 12 years, driven by demand from the United States.