Asian shares rose on Wednesday as better-than-expected Apple Inc earnings drove some regional tech gains although broader confidence was capped by worries about the economic impact of China's virus outbreak.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%, ending four days of losses. Australian shares rose 0.41%, while Japan's Nikkei stock index .N225 rose 0.27%.
While China's flu-like illness, which has killed more than 100, continues to keep markets on edge, there were signs investors see the recent rout in asset prices as overdone.
Long-term U.S. Treasury yields traded above short-term yields and the Japanese yen nursed losses as investors pulled back from safe-havens in favor of more risky assets like equities.
Source : Reuters