India, April 26 -- Asian stocks rose broadly on Friday as Microsoft and Google's parent company Alphabet both beat Wall Street's first quarter expectations, offsetting Meta Platforms' disappointing forward guidance.

The yen hit a fresh 34-year low as the Bank of Japan ended its two-day policy meeting with no change to interest rates and the target policy rate.

Oil and gold traded higher in Asian trading as the dollar index stabilized around a two-week low following the U.S. GDP surprise.

Mainland Chinese and Hong Kong stocks posted strong gains after experts from international investment firms revised their outlook on Chinese stocks.

China's Shanghai Composite Index rallied 1.2 percent to 3,088.64, while Hong Kong's Hang Seng Index jump...