Manufacturing activity in China hit a 13-month high in November, HSBC said Monday, in another sign that the world's second largest economy is emerging from a drawn-out slumber.
The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boosted risk sentiment, while traders were also looking ahead to a crucial US jobs report.
China's manufacturing activity contracted for a second straight month in September, according to official data released Monday, falling short of expectations for expansion.
With Europe and the US in the economic doldrums, Asian manufacturers are setting their sights on Brazil's lucrative consumer market ahead of the 2014 World Cup and the 2016 Olympics.