Chinese share prices closed 0.73 percent up after volatile trade led by steel and machinery stocks.
The Shanghai Composite Index, which covers both A and B shares, closed up 38.59 points at 5,312.18.
SEOUL
South Korean share prices closed sharply higher as foreign investors snapped up shares of shipbuilders, steelmakers and retailers amid hopes that their earnings will not be hit by any US economic slowdown.
The KOSPI index ended 22 points higher at 1,870.02.
SYDNEY
Australian share prices closed up 1.2 percent as concerns over mortgage defaults in the US appeared to ease. The S&P/ASX 200 closed 76.2 points higher at 6,306.8.
SINGAPORE
Singapore share prices closed 0.9 percent higher as investors, buoyed by Wall Street's overnight rally, bought into property stocks and select blue chips. The Straits Times Index rose 32.00 points to 3,536.40.
MUMBAI
Indian share prices erased intraday gains to close flat after investors were rattled by Europe's weak opening on global credit concerns.
"The markets saw strong gains intraday but fell as European markets weakened. We may still see record highs next week," a dealer with brokerage Prabhudas Lilladher said.
The SENSEX fell 10.64 points to 15,603.8.
KUALA LUMPUR
Malaysian share prices closed 0.4 percent higher due to bargain hunting following a rally on Wall Street overnight.
The composite index closed up 5.48 points at 1,289.50.



