“Asian stocks climbed, with the regional benchmark index heading for its longest streak of weekly gains in three months, as fewer Americans filed applications for unemployment benefits andAustralia’s building industry shrank at a slower pace.
James Hardie Industries SE (JHX), the building materials supplier that gets about 67 percent of sales from the U.S., climbed 1.6 percent in Sydney. Commonwealth Bank of Australia, the country’s biggest lender, rose 0.9 percent. Hyundai Merchant Marine Co., South Korea’s biggest shipping company, jumped 8.7 percent after saying its studying the feasibility of building a liquefied natural gas terminal in Brazil.”
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