Japan Leads Asia Stock Gains on Vote Prospects; Oil Falls

November 12, 2014 12:40 AM

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Japan Leads Asia Stock Gains on Vote Prospects; Oil Falls

Asian stocks rose as the yen’s slide to a seven-year low amid speculation the prime minister will call an early election fueled gains in Japanese shares. The Korean won dropped to a 14-month low and crude oil declined.

The MSCI Asia Pacific Index added 0.4 percent by 9:22 a.m. in Tokyo, rising for a fourth day and headed for its highest close in a week. Japan’s Topix index jumped 1 percent as the yen held steady following yesterday’s slide to its weakest level since 2007. Standard & Poor’s 500 Index futures droppe...

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