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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…

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Canadian Stocks Rally: Qihoo 360 Technology (QIHU), Autohome (ATHM), Flextronics International (FLEX), Youku Tudou (YOKU), Melco Crown Entertainment (MPEL)

Energy stocks led Toronto’s main index sharply higher on Wednesday, with a surprising drop in US crude oil inventories sparking the Santa Claus rally. The S&P/TSX Composite Index was up 202.05 points to 13,284.91, a third day of gains in a row. West Texas Intermediate crude for February delivery rose…