Asian stocks advance following a rally on Wall Street and oil prices fall

Asian markets were mostly higher on Tuesday after a Wall Street rally, while oil prices fell. South Korea’s Kospi led gains, and investors monitored corporate earnings and central-bank decisions.

• South Korea’s Kospi closed 3.1% higher at 5,638.34; SK Hynix gained 5.2% and Samsung Electronics rose 4.2%.· 1 source
• Tokyo’s Nikkei 225 rose 1.7%, while Hong Kong’s Hang Seng fell 0.6% and Shanghai’s Composite lost 0.3%.· 1 source
• Brent crude fell 0.5% to $110.21 a barrel, and U.S. benchmark crude declined 1.1% to $100.66; the report also noted an expected Federal Reserve rate decision Wednesday.· 1 source