(Bloomberg) -- Asian stocks advanced this week after
Japanese lenders Mizuho Financial Group Inc. forecast record
earnings and Sumitomo Mitsui Financial Group Inc. said profit
will increase this business year.
``The banks are really standing out as their earnings have
fostered some confidence,'' said Hideyuki Ookoshi, who oversees
$365 million at Chiba-Gin Asset Management Co. in Tokyo.
Read more at Bloomberg Stocks News
Japanese lenders Mizuho Financial Group Inc. forecast record
earnings and Sumitomo Mitsui Financial Group Inc. said profit
will increase this business year.
``The banks are really standing out as their earnings have
fostered some confidence,'' said Hideyuki Ookoshi, who oversees
$365 million at Chiba-Gin Asset Management Co. in Tokyo.
Read more at Bloomberg Stocks News
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