Asian markets rise on positive US cues

Asian markets are trading in the green on back of positive cues from wall street.

Shanghai Composite is trading higher by 23 points or 0.87% at 2,661. All eyes are on PMI (Purchasing Managers' Index) data which will be out later today. The Hang Seng is quoting at 20,625.57, higher by 103 points or 0.5%.

Nikkei rises after touching 16 month lows as investor await government measures to curb rising Yen. The Nikkie is trading at 8,869.74, higher by 46 points or 0.52%.

Seoul Composite is at 1,766.53, higher by 22 points or 1.36%, Straits Times is at 2,973.40, up by 24 points or 0.86% and Taiwan Weighted is at 7,662.65, higher by 46 points or 0.62%.