Stocks in Asia advanced on Friday, led by gains in Hong Kong and other Chinese markets fueled by China's moves to rev up its economy. Japan’s Nikkei 225 index was up more than 1% as the ruling Liberal Democratic Party conducted a leadership election that will determine who is Japan’s next prime minister.

Equity markets in Asia cheered China implementing policy announcements made earlier in the week to support economic growth. The

The Organisation of the Petroleum Exporting Countries and its allies will go ahead with a planned oil production increase in December but first need to cut output to address overproduction by some members,