Shares in Asia-Pacific mostly rose on Tuesday as investors watched movement in shares of Japanese financial services firm Nomura following their Monday plunge.
The Nikkei 225 gained 48.18 points, or 0.2%, to close Tuesday at 29,432.70.
Japan’s retail sales declined 1.5% in February from a year earlier, according to a preliminary report released Tuesday by the country’s Ministry of Economy, Trade and Industry. That compared against a median market forecast for a 2.8% decline.
Shares of Nomura continued to see losses as they declined 0.7% on Tuesday. The firm’s stock tumbled more than 16% on Monday after the company warned of a "significant loss" at one of its U.S. subsidiaries, resulting from transactions with a client stateside.
The Japanese yen traded at 110.15 per U.S. dollar, still relatively weaker than levels below 109 against the greenback seen last week.
In Hong Kong, the Hang Seng hiked 239.2 points, or 0.8%, to 28,577.50.
The Australian dollar changed hands at $0.7636, off levels below $0.762 seen in the previous trading week.
In other markets
In China, the CSI 300 took on 47.85 points, or 1%, to 5,094.73.
In Taiwan, the Taiex popped 78.93 points, or 0.5%, to 16,544.90.
In Korea, the Kospi index regained 33.96 points, or 1.1%, to 3,070.
In Singapore, the Straits Times index progressed 17.62 points, or 0.5%, to 3,157.95.
In New Zealand, the NZX 50 gathered 78.63 points, or 0.6%, to 12,446.76
In Australia, the ASX 200 subtracted 61.05 points, or 0.9%, to 6,739.45.
