Asian markets mostly up after Wall St, Europe gains

Asian markets mostly climbed on Wednesday, with dealers taking a positive cue from Wall Street and Europe, following a surge in investor confidence in eurozone powerhouse Germany.

Japanese shares posted healthy gains as the yen softened and data showed exports rose for the first time in eight months in January, although the country still posted its worst ever monthly trade deficit.

Tokyo added 1.00 per cent, Sydney was 0.28 per cent higher, Seoul jumped 1.22 per cent, Hong Kong climbed 0.40 per cent and Shanghai was off 0.40 per cent.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1154506/asian-markets-mostly-after-wall-st-europe-gains