HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose for a second day on Tuesday, as investors bought into regional equities after an overnight advance on Wall Street.
The Nikkei Asia300 Index rose 0.6% to 1,404.96 after eking out a 0.2% gain on Monday. Social media major Tencent Holdings, due to report first-quarter earnings on May 16, rose 2.8%, while smartphone-to-home-appliance maker Samsung Electronics added 1.4%. Apple supplier Taiwan Semiconductor Manufacturing Co. (TSMC) climbed 2.2% in Taipei after the iPhone maker extended gains following comments from billionaire investor Warren Buffett about the company's stock. The technology-heavy Nasdaq Composite climbed 0.8% overnight.
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