Asian Stocks Rise on Japan, China Policy Optimism;

March 13 (Bloomberg) -- Asian stocks rose, extending a rally that has the global benchmark index set for its biggest weekly gain since November, as Japan and China signaled more measures to bolster their economies.

“Markets can take comfort that countries with the ability to do so are providing fiscal stimulus, rather than waiting till it’s too difficult to fight the momentum,” said Tim Schroeders, who helps manage about $2.6 billion at Pengana Capital Ltd. in Melbourne. “We’re seeing some money parked in safe havens returning to the market.”