Asian Markets at Close Report by MarketWatch - May 28, 2014: Asia stocks rise broadly after U.S. gains Industrial profit growth in China slows .

HONG KONG (MarketWatch) — Asian stocks rose broadly on Wednesday, taking their cue from stronger U.S. stocks overnight. Japan’s Nikkei Average JP:NIK +0.24% closed 0.2% higher, marking the fifth consecutive session of gains. The broader Topix index JP:I0000 +0.26% rose 0.3%, while the dollar weakened against the yen USDJPY -0.03% , buying ¥101.874 compared with ¥101.975 on Tuesday. Hong Kong’s benchmark Hang Seng Index HK:HSI +0.59% recovered its losses from