Asian stocks rose on Tuesday after Federal Reserve Governor Lael Brainard calmed global markets with remarks that appeared to reduce the prospects of a near-term interest rate hike.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gained 0.4 percent, after tumbling 2.4 percent on Monday.
Japan's Nikkei share average edged up in choppy trade on Tuesday, but the broader Topix ended flat as a solid yen and worries about possible policy moves by the central bank next week sapped risk appetite.
The Nikkei ended 0.3 percent higher at 16,729.04 points after staying in a narrow range throughout the day.
China stocks were little changed on Tuesday, with investors shrugging off upbeat economic data that pointed to some success in Beijing's efforts to stimulate the world's second-largest economy.
The CSI300 blue-chip index fell 0.1 percent, to 3,260.33, while the Shanghai Composite Index gained 0.1 percent to 3,023.51 points.
Chinese blue-chip shares had slumped by the most in three months on Monday, in line with a sharp retreat in global markets spooked by talk of a possible U.S. rate hike next week.
Hong Kong stocks surrendered early gains and closed lower on Tuesday, with some investors taking advantage of the brief rebound to reduce holdings as uncertainty over U.S. monetary policy lingered.
The Hang Seng index fell 0.3 percent to 23,215.76 points, while the China Enterprises Index lost 0.9 percent, to 9,571.06 points.
Reference: Reuters
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