TOKYO (AP) — Asian stocks markets were mostly higher Tuesday after strong corporate earnings bolstered Wall Street.

Investors are also looking ahead to major economic news with China due to report second quarter GDP on Wednesday. Optimism about the world's No. 2 economy was encouraged by Premier Li Keqiang's comment last week that growth improved from 7.4 percent in the first quarter.

Regional markets are also clawing back losses sustained last week due to jitters about Portuguese bank Espirito Santo International after it reportedly missed a debt payment.

Japan's Nikkei 225 added 0.7 percent to 15,406.48. A policy meeting by the central bank did not yield any changes to Tokyo's ultra-loose monetary policy.

Hong Kong's Hang Seng gained 0.4 percent to 23,440.22 and South Korea's Kospi rose 0.9 percent to 2,011.00.

Australia's S&P/ASX 200 shed 0.2 percent to 5,503.80.

U.S. shares finished higher Monday, driven by corporate deal news and strong earnings for Citigroup.

The Dow Jones industrial average gained 0.7 percent to 17,055.42 and the Standard & Poor's 500 rose 0.5 percent to 1,977.10.

"While it's still early on in the earnings season, results so far have been encouraging. This is reassuring investors, especially as valuations are full and expectations are high," CMC Markets trader William Leys said in a commentary.


Apart from Japan's central bank meeting, U.S. Federal Reserve Chair Janet Yellen was due to testify before a congressional committee this week. Investors expect her to stick to a stance of keeping interest rates low for the time being.

Benchmark U.S. crude for August delivery was up 4 cents to $100.95 per barrel in electronic trading on the New York Mercantile Exchange. The contract slipped 8 cents to close at $100.91 on Monday on expectations of higher supplies and muted global demand.

In currency markets, the dollar rose to 101.62 yen from 101.57 yen late Monday. The euro fell to $1.3614 from $1.3623.