Benchmarks in South Korea and Taiwan also climbed, with the Taiex index logging its biggest single-day rally since May 2021.
sian equities advanced for a second session following Monday’s global rout, after the Bank of Japan said it won’t raise interest rates if financial markets are unstable.
The MSCI Asia Pacific Index climbed as much as 1.8%. Japan’s Topix index pared earlier gains to close 2.3% higher as the BOJ Deputy Governor Shinichi Uchida noted the recent volatility in the nation’s markets and said its rate path will shift if there’s an impact on the policy outlook.
