- Asian stocks rose on Thursday and safe-haven government bond prices fell as crude oil prices extended gains on hopes that big producers will cap production, improving investors' appetite for riskier assets.
Crude remained the main market driver, with oil prices up as much as 3 percent in early Asian trade following a 7 percent jump on Wednesday after Iran voiced support for a Russia-Saudi-led move to freeze production to deal with the market glut that had pushed prices to 12-year lows.
Japan's Nikkei .N225 gained 1.9 percent, shrugging off bigger-than-expected declines in exports and imports in January.
Reference: Reuters
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