European and Asian stocks rose with U.S. equity index futures and industrial metals, buoyed by a generally upbeat corporate earnings season and signs of improvement in the world’s biggest economies. Australia’s dollar strengthened and the yen fell.
The MSCI Asia Pacific Index advanced 0.4 percent
Japanese stocks rose to a six-month high on Tuesday as a weaker yen lifted hopes that exporters' earnings will recover, while Kyushu Railway Co jumped 15 percent in its market debut.
The benchmark Nikkei share average rose 0.8 percent to 17,365.25, the highest closing level since April 25.
China stocks barely moved on Tuesday, consolidating recent gains thanks to continued demand for raw material shares, while infrastructure and transportation firms took a breather.
The blue-chip CSI300 index was flat at 3,367.45, while the Shanghai Composite Index gained 0.1 pct to 3,131.94 points.
Hong Kong shares ended slightly lower on Tuesday after mainland markets put up a lacklustre performance and as investors were cautious about the increasing possibility of a U.S. interest rate increase in December.
The Hang Seng index fell 0.2 percent, to 23,565.11, while the China Enterprises Index also lost 0.2 percent, to 9,837.70 points.
Reference: Reuters, Bloomberg
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