(MENAFN) Asian distributions expanded early gains on Tuesday and the dollar notched a four month high against the yen, as investors awaited certification from Federal Reserve Chair Janet Yellen for clues on when the central bank would tighten U.S. monetary policy.
MSCI"s broadest index of Asia-Pacific shares outside Japan was up 0.6 percent, with sentiment underpinned by technology-led gains on Wall Street.
Japan's Nikkei stock index rose 0.5 percent, buoyed by a weaker yen, while Australian shares pared some of its earlier losses.
""Except for worries about North Korea, the situation in Asia is calm at the moment, and this is giving some relief to investors,"" said Kyoya Okazawa, head of global markets, Japan and Korea, at BNP Paribas.
""The dollar has risen above the 114 level, and this is lifting Japanese shares,"" he said.
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