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Nikkei Markets

Asian stocks advance as Chinese, South Korean equities rebound

China Life Insurance, Korea Aerospace among major gainers

HONG KONG (Nikkei Markets) -- Asian shares outside of Japan edged higher on Tuesday aided by a rebound in Chinese and South Korean companies, as investors awaited U.S.-China trade developments and the Federal Reserve's monetary policy review.

The Nikkei Asia300 Index rose 0.12% to 1,311.19. Korea Aerospace Industries gained 4.1% after reporting a more than three-fold increase in June-quarter operating profit. Samsung Electronics advanced 1% and its peer SK Hynix added 2.5%. South Korea's benchmark index closed 0.45% higher after falling to two-month lows on Monday.

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