The Nikkei climbed 1.9 percent to 14,421.60 after a smaller-than-expected current account surplus for
"All the data is in-line with President Xi's call at the weekend that people must get used to the new normal" of slower growth, said
Economic growth in the world's No. 2 economy slowed in the latest quarter to 7.4 percent.
Markets were also up in
Also awaited by the market is the Australian federal budget, which is expected to show the government cutting spending to overcome a blowout in the budget deficit.
Some U.S. indexes returned to record levels on Monday as investors regained their appetite for riskier stocks.
After beating down Internet and small companies for two months, investors decided that those stocks had fallen enough. Among the big gainers were
The Standard & Poor's 500 rose 18.17 points, or 1 percent, to finish at an all-time high of 1,896.65. The index last closed at a record high on
The Dow Jones industrial average gained 112.13 points, or 0.7 percent, to end at 16,695.47 Monday. The Dow's previous record high was 16,583.34 on Friday. The Nasdaq climbed 71.99 points, or 1.8 percent, to 4,143.86.
Benchmark crude for June delivery was up
In currencies, the euro was up at
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