01/07/2008 12:58. July 1 (Bloomberg) -- Most Asian stocks advanced after confidence among Japan's largest manufacturers fell less than economists estimated and crude oil prices retreated from a record.

Honda Motor Co. led gains in Tokyo after the Tankan index signaled exporters in Asia's biggest economy expect to withstand the U.S. slowdown. Hyundai Motor Co. climbed as lower energy prices eased concern consumer spending will wane. Westpac Banking Corp. led... // Bloomberg