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Thursday: Asia Acts in Concert

Markets rise across Asia in early trading.
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Japan's Nikkei 225 Index reversed an early loss Thursday, slightly gaining 0.16%, or 26.62, to 16,793.38.

The broader Topix Index rose 0.26% to 1,694.06 against a backdrop of the European Central Bank's meeting and U.S. Treasury Secretary Henry Paulson calling the U.S. economy "solid."

On Wednesday, most Asian markets ended higher, with shares continuing to stabilize after last week's losses. Tokyo's Nikkei fell 0.50%, the Topix lost 0.2% and Hong Kong's Hang Seng ended down 0.73%. China's Shanghai Composite Index climbed 2% a second day.

In the first half hour of trading Thursday, China's Shanghai climbed 7.591, or 0.26%, to 2,904.19.

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Taiwan's Taiex rose 44.55, or 0.60%, to 7,525.44.

South Korea's Kospi Index rose 0.49% in early action, while Singapore's Straits Times Index gained 15.17, or 0.50%, to 3,074.32; and Kuala Lumpur's Composite Index rose 0.64%.