Asian markets are trading mostly in green in early deals on Wednesday following gains on Wall Street and hopes that China will boost fiscal support for its economy, while long-term US yields hovered near six-week highs on speculation the Bank of Japan could be less accommodative. Japanese Nikkei edged higher as the major exporters are higher on a weaker yen. In Seoul, the Kospi slipped into negative territory as large cap technology stocks turned lower, with Samsung Electronics inching down by 0.11 percent.
Nikkei 225 increased 108.54 points or 0.48% to 22,619.02, Straits Times surged 27.21 points or 0.82% to 3,319.86, Jakarta Composite rose 5.98 points or 0.1% to 5,937.82, Hang Seng added 230.55 points or 0.8% to 28,893.12 and Shanghai Composite was up by 2.58 points or 0.09% to 2,908.14. On the flip side, Taiwan Weighted decreased 31.25 points or 0.29% to 10,964.14 and KOSPI was down by 5.26 points or 0.23% to 2,274.94.
