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Asia Mostly Climbs

Asia-Pacific markets mostly climbed on Tuesday, tracking gains on Wall Street as investors looked toward a slate of megacap technology earnings to keep propelling the NASDAQ Composite in the States to new heights this week.

In Japan, the Nikkei 225 index popped 298.15 points, or 0.8%, to 38,903.68.

This comes after the ruling Liberal Democratic Party lost its parliamentary majority after voters cast their ballots on Sunday to determine the control of the lower house, marking the first time since 2009 that Japan’s ruling coalition lost its majority.

Japan’s jobless rate for September came in at 2.4%, compared to 2.5% the previous month. The reading is also slightly lower than Reuters’ forecast of a 2.5% climb.

In Hong Kong, the Hang Seng Index took on 101.78 points, or 0.5%, to 20,701.14.

South Korea reversed to losses, while Australia celebrated its third straight day of wins.

In other markets

In Shanghai, the CSI 300 docked 39.51 points, or 0.2%, to 3,924.65.

In Taiwan, the Taiex dumped 271.48 points, or 1.2%, to 22,926.59

In Korea, the Kospi index gained 5.37 points, or 0.2%, to 2,617.80.

In Singapore, the Straits Times Index prospered 6.28 points, or 0.2%, to 3,590.26.

In New Zealand, the NZX 50 surged 11.75 points, or 0.1%, to 12,783.36

In Australia, the ASX 200 improved 27.72 points, or 0.3%, to 8,249.24.