Asia stocks rise after Wall Street rally

A strong lead from Wall Street gave Asian stock markets a lift Friday, after all three major US indices vaulted to new records as the oil price rebounded. Markets were up even as economic data from China missed expectations -- a disappointing sign for growth in the world's second largest economy. Among the performers was China's New York-listed e-commerce behemoth Alibaba, which reported sales of 32.15 billion yuan ($4.83 billion), 59 percent higher than the level a year ago and above analyst ex