
By Anna KitanakaJan. 24 (Bloomberg) -- Japanese stocks rose for the first time in three days, led by automakers, after Nomura Holdings Inc. raised its rating on Honda Motor Co. to “buy,” and after General Electric Co. of the U.S. beat earnings estimates.Honda climbed 3.8 percent. Elpida Memory Inc., the world’s third-largest maker of computer-memory chips, jumped 5.1 percent after Goldman Sachs Group Inc. boosted its investment rating. Yaskawa Electric Corp., a maker of electronic controls, leapt 4.5 percent after the company swung to profit. Tokyo Tomin Bank Ltd., a regional lender based in Japan’s capital, tumbled 6.1 percent, leading a decline by banks.“There are strong expectations that earnings will improve,” said Koichi Kurose, chief...