Asian markets trade higher

Markets across Asia surged in the morning session as nuclear concerns eased although investors continued to closely watch developments in Libya.

US allies intensified attacks over Libya against forces of Moammar Gadhafi, however political skirmish broke out over who would lead the international operation.

The Nikkei Stock Average rose 4% in opening trade, but pared some gains and was up 2.9% at 9,477.4 led by weakening Yen after Bank of Japan further injected $25 billion into the system.

Hong Kong's Hang Seng seesawed; the index was up 0.4% supported by gains in energy shares on rising crude prices. However Shanghai Composite slipped into the red, was down 0.04%.

Singapore's Strait Times edged up 0.3%, Seoul Composite advanced 0.5% and Taiwan's Weighted index climbed 1%.