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Asian Stocks Advance: Alibaba Group (BABA), Taiwan Semiconductor Mfg. Co. Ltd. (TSM),Youku Tudou (NYSE:YOKU), JD.Com Inc (JD), ICICI Bank Ltd (IBN)

Asian stocks rose as gains in crude prices lifted oil shares and data showing strength in consumption boosted confidence in the U.S. economy. Japanese shares fell as a strengthening yen weighed on the profit outlook for exporters. The MSCI Asia Pacific Index climbed 0.2 percent to 131.31 as of 3:47…

Asian stocks rally: ICICI Bank (IBN), SouFun (SFUN), Taiwan Semiconductor Mfg. (TSM), Baidu (BIDU), Avago Technologies Ltd (AVGO)

Asian stocks rallied Wednesday in light trading following gains on Wall Street and stabilization of crude oil. KEEPING SCORE: Hong Kong’s benchmark Hang Seng index climbed 1.2 percent to 22,080.37 while South Korea’s Kospi gained 0.3 percent to 1,999.22. The Shanghai Composite Index in mainland China added 0.5 percent to…