Asian stocks climbed to a six-year high after the Federal Reserve said interest rates will remain low for some time as U.S. growth rebounds, and Premier Li Keqiang pledged to meet China’s target for economic expansion.
Prime Minister Shinzo Abe said the deflation that wiped out much of Japan’s growth the past 15 years and so stunted the economy that it slipped to No. 3 behind China, has ended and will be thwarted by new government policies designed to encourage business expansion.
Stratasys Ltd. offers Hewlett- Packard Co. and Seiko Epson Corp. the chance to move beyond paper-and-ink printers by acquiring a leader in the technology that’s used to replicate nuts, bolts and even football cleats.
Seiko Epson Corp., a Japanese printer maker, plunged by its daily limit to a record low in Tokyo trading after cutting its profit forecast 64 percent because of costs to settle a lawsuit by Motorola Mobility LLC.