Asian markets up on China data, yen sinks further

Asian markets rose on Tuesday, boosted by positive inflation data from China, while Tokyo extended its winning streak as the yen sank to multi-year lows.

Wall Street also provided a strong lead ahead of the January-March corporate earnings season.

Tokyo was 0.51 per cent higher by the break, Hong Kong climbed 1.03 per cent, Sydney added 1.20 per cent, Shanghai was 0.95 per cent higher and Seoul was flat.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1210610/asian-markets-china-data-yen-sinks-further