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Article updated: 1/29/2013 7:23 AM

Asia stocks rise as Wall Street flirts with highs

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People walk by an electric stock index display of a securities firm in Tokyo Tuesday.

Associated Press

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Asian stock markets posted modest gains Tuesday as the feel-good factor lingered from near-record highs on Wall Street and signs of an upswing in U.S. manufacturing.Analysts at DBS Bank Ltd. in Singapore said that benchmarks in South Korea and Taiwan are recuperating after recent sell-offs amid worries that the depreciating yen will hurt economic growth in those countries. South Korea release its January trade figures later this week and Taiwan reports fourth quarter economic growth.
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