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| Japan's Nikkei hits one-month high | Japan's Nikkei hits one-month high |
| (about 2 hours later) | |
| Japan's Nikkei share index rose sharply on Tuesday, helped by a weaker yen and by the calm reaction in US and European markets to the Greek election result. | Japan's Nikkei share index rose sharply on Tuesday, helped by a weaker yen and by the calm reaction in US and European markets to the Greek election result. |
| Asia took its cue from Wall Street, where shares reversed early falls to end the day slightly higher. | Asia took its cue from Wall Street, where shares reversed early falls to end the day slightly higher. |
| In Tokyo, the benchmark Nikkei 225 closed up 1.7% at 17,768.3 - its highest close since late December. | In Tokyo, the benchmark Nikkei 225 closed up 1.7% at 17,768.3 - its highest close since late December. |
| The dollar firmed against the yen to 118.20 from Monday's low of 117.26. | The dollar firmed against the yen to 118.20 from Monday's low of 117.26. |
| Toyota's shares rose 1.2% after a local report that the carmaker will change the way it pays factory workers, focusing on their performance rather than their seniority. | Toyota's shares rose 1.2% after a local report that the carmaker will change the way it pays factory workers, focusing on their performance rather than their seniority. |
| China profits weak | China profits weak |
| Shares in China fell after data showed that factory profits grew at their weakest rate in two years in 2014. | Shares in China fell after data showed that factory profits grew at their weakest rate in two years in 2014. |
| Profits for large Chinese industrial companies rose 3.3% last year compared with 2013. | |
| The Shanghai Composite dropped 0.9% to 3,352.96, while Hong Kong's Hang Seng index ended the day down 0.4% at 24,807.28. | |
| Australian shares were higher after being closed for a public holiday on Monday. | Australian shares were higher after being closed for a public holiday on Monday. |
| The S&P/ASX 200 closed up 0.8% at 5,547.2, despite a measure of business conditions falling further in December as earnings and employment softened. | The S&P/ASX 200 closed up 0.8% at 5,547.2, despite a measure of business conditions falling further in December as earnings and employment softened. |
| National Australia Bank's monthly survey showed its index of business conditions eased to below its long-run average. | National Australia Bank's monthly survey showed its index of business conditions eased to below its long-run average. |
| In South Korea, shares were boosted by a central bank survey which showed that consumer sentiment had improved in January for the first time in four months. | In South Korea, shares were boosted by a central bank survey which showed that consumer sentiment had improved in January for the first time in four months. |
| The Bank of Korea's consumer sentiment index ticked up to 102 from a revised 101 in December. | The Bank of Korea's consumer sentiment index ticked up to 102 from a revised 101 in December. |
| A reading above 100 indicates that consumers who expect economic conditions to improve outnumber those expecting them to worsen. | A reading above 100 indicates that consumers who expect economic conditions to improve outnumber those expecting them to worsen. |
| The benchmark Kospi index finished up 0.9% at 1,952.4, a one-month high. | The benchmark Kospi index finished up 0.9% at 1,952.4, a one-month high. |