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Japan, China stocks higher on stimulus hopes

In Japan and China, Asia's largest economy 2, the stock market rose after Monday, Japan conservatives who favor more economic stimulus to return to power in a landslide election victory and the new leader of China promised more spending, if necessary, to consolidate a rickety economic recovery.
Japan's nikkei 225 index rose 1.6% to 9891.15, its highest level since April at the weekend after the election the ruling liberal Democratic Party after the. Secretary of municipal committee of the CPC, almost certainly will become prime minister Shinzo Abe (Shinzo Abe), which is beneficial to increase public works spending and set 3% economic growth target.
"Japan the election results should help support in the area of emotions," calyon strategists in a research report said.
In mainland China, the Shanghai composite index rose 0.8% to 2168, smaller: shenzhen composite index rose 0.6%, to 821.17 points. Last Sunday, under the leadership of the communist party of China party secretary xi jinping commitment, "proactive fiscal policy" and "prudent monetary policy" the official xinhua news agency said in a statement. They will, to stimulate consumption, if necessary, to keep credit, as long as you keep a low inflation.
Optimistic rub off on other Asian markets, which fell slightly.
South Korea's Kospi index are less than 0.1%, to close at 1994.04, Hong Kong's hang seng index fell 0.1%, to 22584.98. Australia's S&P/ASX 200 index fell 0.2% to 4574.90 point. In Taiwan and New Zealand reference also declined.
On Wall Street on Friday, the dow Jones industrial average down 35.71 0.3%, and the standard &poor's 500 index fell 0.4% to 1413.58 point, to close at 13135.01. The nasdaq composite index fell 0.7% to 2971.33 point.
In currency markets, the euro weakened slightly $1.3155, from Friday's after-hours trading to $1.3159 in. The decline of the dollar to 83.99 83.46 yen in Japan.
Crude oil prices. January delivery benchmark crude oil on the New York mercantile exchange electronic dish in trading, up cents, to $86.91 a barrel. On Friday, the contract closed at $86.73.




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