Mitsubishi Estate leads of Asian Stocks Gains

Japanese real estate companies leads on Asian stocks gained, and this situation stimulated by the reports of increasement on office rents.

Mitsubishi Estate Co. climbed to a two-week high in Tokyo. BHP Billiton Ltd., the world's biggest mining company, gained after metals prices rose. Commonwealth Bank of Australia dropped after Goldman Sachs Group Inc. said banks will need to raise $65 billion in new capital as credit markets deteriorate.

The MSCI Asia Pacific Index rose 0.3 percent to 144 as of 9:46 a.m. in Tokyo. Japan's Nikkei 225 Stock Average added 0.2 percent to 14,379.63. Benchmark indexes in South Korea and Australia rose, while New Zealand fell.

U.S. stocks yesterday dropped for the first time in four days, led by regional lenders, after Goldman's comments. The world's largest banks and securities firms have already raised $299 billion after losses tied to the housing market.