Asian stock markets rise, led by Japan

Asian stock markets rise, led by Japan

Asia-Pacific stocks led the gains, with the Nikkei up more than 2 percent. Japan’s major indexes gained more than 2 percent on Tuesday as markets resumed trading after the holiday. The benchmark Nikkei 225 rose 2.53 percent to surpass the 36,000 level for the first time since Aug. 2. The broader Topix gained 2.16. The country’s parliament plans to hold a special session next week to discuss the Bank of Japan’s decision to raise interest rates last month, according to government sources. South Korea’s Kospi index fell 0.2 percent, while the small-cap Kosdaq lost 1.57 percent. Australia’s S&P/ASX 200 index rose marginally. Hong Kong’s Hang Seng index opened the trading day with a 0.4 percent gain, while mainland China’s CSI 300 opened 0.06 percent higher. In Southeast Asia, Singapore reported that its economy grew 2.9 percent in the second quarter from a year earlier, in line with its preliminary gross domestic product estimate released in July.