Japan's Shares Climb, Led by Sony, After U.S. Spending Jumps, Yen Weakens

(Bloomberg) -- Japanese stocks rose after U.S.
retail sales jumped by the most in more than a year and bond
yields dropped. Exporters including Sony Corp. led gains on
speculation higher consumer spending and lower borrowing costs
in Japan's largest overseas market will lift profits.

Exporters such as Toyota Motor Corp. also got a boost after
the yen weakened to the lowest against the dollar since 2002,
and the Federal Reserve said in its Beige Book survey the U.S.
economy is growing without stoking inflation, helping push bond
yields lower.


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