Asian Stocks Rise After Oil Drops From Record; Toyota Gains
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Asian stocks advanced after oil prices fell from a record Friday in New York, easing concern higher energy costs will damp consumer spending and corporate profits.
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MUMBAI: Asian markets were up in early trades on Friday. While Tokyo Nikkei gained 119.90 points at 10966.22, Hong Kong&#39;s Hang Seng index was up 147.
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Healthy company results and outlooks lifted Japanese shares on Tuesday and stocks elsewhere in Asia hit a record, while the yen strengthened ahead of a Group of Seven meeting this weekend.
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Asian stocks rose on Tuesday, snapping two straight sessions of declines after upbeat earnings from Apple  helped power some technology shares higher, while the yen's rally paused as risk appetite resurfaced.
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Asian shares rose on Thursday, led by exporters such as Honda and Samsung and resource stocks, after upbeat U.S. growth data eased worries about the health of the economy in Asia's biggest export market.
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Asian stock markets ended broadly higher on Thursday as investors took their cue from a late rally on Wall Street.
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Strength in tech stocks and steelmakers offset the drag of renewed dollar weakness on Asian share markets on Thursday, while gold hit a new 16-1/4-year high and oil moved back up toward &#36;50 a barrel.
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Asian shares vaulted ahead on  Thursday as lower oil prices and strong trade data in Japan  boosted investor confidence that global economic growth could  be sustained.
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Asian shares rose on Thursday, led by  exporters such as Honda and Samsung and resource stocks, after  upbeat U.S. growth data eased worries about the health of the  economy in Asia's biggest export market.
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Tech stocks such as flat-screen maker  LG.Philips drove Asian markets higher on Monday, while optimism  about the Japanese economy lifted Tokyo shares and kept the yen  at a five-year high against the dollar.
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Asian shares on Friday tracked a jump  in U.S. stocks after oil prices dropped below $49 a barrel,  easing pressure on the global economy, while the dollar was  mired near a record low against the euro ahead of U.S. jobs  data.
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Asian shares stuck to narrow ranges  Friday as record oil prices supported energy stocks and miners  rebounded on steadier metals markets, countering worries about  technology earnings and falls in Japanese automakers.
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Tokyo stocks opened higher Tuesday, buoyed by a drop in oil prices and the dollar's rise against the Japanese yen.
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Japanese stocks rose, led by exporters such as Advantest Corp. and Toyota Motor Corp., after a slide in oil prices in New York trading eased concern that global economic growth will slow.
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Asian stocks rose for the third week in four, led by gains among electronics makers such as South Korea&#39;s Samsung Electronics Co.
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Record high oil prices kept Asian  stock markets in check on Wednesday as investors fretted over  the impact of high energy costs on corporate earnings, but an  upbeat outlook from Applied Materials lifted some tech issues.
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Asian stocks rose, led by exporters including Toyota Motor Corp. and Samsung Electronics Co., after a US manufacturing report boosted optimism that growth in the world&#39;s largest economy may strengthen.