Stock market today: Asian shares rise and the yen dips after Japan's ruling party loses majority

THIS WEEK: Warm and dry start, then a few spotty rain chances by HalloweenLong-standing Dairy Queen location in San Antonio closes permanentlyKSAT viewers share their unique 2024 Muertos Fest celebrationsKeep your drink cold longer with these tumblers. See more Insider Deals here.A currency trader works near a screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S.

In currency trading, the U.S. dollar rose to 153.76 Japanese yen from 152.24 yen. It was trading at 140-yen levels last month. The euro cost $1.0796, down form $1.0803.The weak yen is a boon for Japan's giant exporters like Toyota Motor Corp., whose stock gained 3.7% in Tokyo trading. Nintendo Co. gained 2.6%, while Sony Corp. rose nearly 2.0%.

Japan's benchmark Nikkei 225 surged 1.6% in morning trading to 38,527.52. Australia's S&P/ASX 200 gained nearly 0.1% to 8,217.80. South Korea's Kospi edged up 0.6% to 2,598.73. Hong Kong's Hang Seng added 0.1% to 20,614.74, while the Shanghai Composite rose 0.3% to 3,310.63. Company earnings reports, which have been mostly solid, continue to be a key focus for investors. More than a third of the companies in the S&P 500 index have reported their latest quarterly financial results. Most of the results have beat analysts' forecasts. Companies from around the world are scheduled to report earnings in coming weeks.

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