HONG KONG–Asian shares rose Tuesday following a bounce on Wall Street as fears ebbed of a direct military clash between Russia and Ukraine and the focus turned to a keynote speech this week by the US Federal Reserve chief.
Tokyo gained 0.83 percent, or 127.19 points, to 15,449.79 and Seoul added 0.88 percent, or 18.01 points, to 2,071.14.
Sydney rose 0.66 percent, or 36.7 points, to 5,623.8.
Global mining giant BHP posted a 23.2 percent jump in annual net profit and said it would create a new independent company by spinning off non-core assets to reduce costs and boost productivity.
Source: The Philippine Daily Inquirer
