Japan Stocks Climb, Led by Banks on Spending, Jobs Data; Shipowners Gain

(Bloomberg) -- Japanese stocks rose after reports
showed the nation's jobless rate unexpectedly fell to a nine-
year low and households increased spending for a fourth month in
April.

Lenders such as Mizuho Financial Group Inc. gained on
speculation the improving economic data will allow the Bank of
Japan to raise borrowing costs and lenders to increase their
profit margins.


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