Tokyo stocks opened 0.40 per cent higher on Monday, despite official data showing Japan's economy contracted last quarter.
The Nikkei 225 index at the Tokyo Stock Exchange rose 81.90 points to 20,601.35.
In currency markets, the dollar was quoted at 124.39 yen, up modestly from 124.32 yen in New York late Friday.
The euro slid to $1.1096 and 138.01 yen from $1.1112 and 138.14 yen.
Shortly before the opening bell, official data showed Japan's economy contracted 0.4 per cent, or an annualised 1.6 per cent, in the April-June quarter due to weak consumption and slowing exports.
Still, the data came in slightly better than the market's expectations for a fall of 0.5 per cent, or an annualised 1.8 per cent.
Wall Street rose Friday, with the Dow Jones Industrial Average closing at 17,479.47, up 0.41 per cent, following solid US data on wholesale prices and industrial production.
US data showed a solid gain in industrial production and higher wholesale prices. The most anticipated report, July retail sales, rose 0.6 per cent behind large gains in auto purchasing and advances in most other categories.
Hong Kong stocks fell 0.19 per cent in opening trade Monday, dragged lower by falling oil prices despite news China will support its stock market for the next few years.
The benchmark Hang Seng Index lost 45.43 points to 23,945.6 in opening deals.
Shanghai stocks fell 0.44 per cent on Monday morning despite regulators promising that the state-backed China Securities Finance Corp., tasked with restoring stability, will support the market for years, dealers said.
The benchmark Shanghai Composite Index lost 17.50 points to 3,947.84.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.20 per cent, or 4.52 points, to 2,314.92.
Tokyo stocks opened 0.40 per cent higher on Monday, despite official data showing Japan's economy contracted last quarter.
The Nikkei 225 index at the Tokyo Stock Exchange rose 81.90 points to 20,601.35.
In currency markets, the dollar was quoted at 124.39 yen, up modestly from 124.32 yen in New York late Friday.
The euro slid to $1.1096 and 138.01 yen from $1.1112 and 138.14 yen.
Shortly before the opening bell, official data showed Japan's economy contracted 0.4 per cent, or an annualised 1.6 per cent, in the April-June quarter due to weak consumption and slowing exports.
Still, the data came in slightly better than the market's expectations for a fall of 0.5 per cent, or an annualised 1.8 per cent.
Wall Street rose Friday, with the Dow Jones Industrial Average closing at 17,479.47, up 0.41 per cent, following solid US data on wholesale prices and industrial production.
US data showed a solid gain in industrial production and higher wholesale prices. The most anticipated report, July retail sales, rose 0.6 per cent behind large gains in auto purchasing and advances in most other categories.
Hong Kong stocks fell 0.19 per cent in opening trade Monday, dragged lower by falling oil prices despite news China will support its stock market for the next few years.
The benchmark Hang Seng Index lost 45.43 points to 23,945.6 in opening deals.
Shanghai stocks fell 0.44 per cent on Monday morning despite regulators promising that the state-backed China Securities Finance Corp., tasked with restoring stability, will support the market for years, dealers said.
The benchmark Shanghai Composite Index lost 17.50 points to 3,947.84.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.20 per cent, or 4.52 points, to 2,314.92.
Tokyo stocks opened 0.40 per cent higher on Monday, despite official data showing Japan's economy contracted last quarter.
The Nikkei 225 index at the Tokyo Stock Exchange rose 81.90 points to 20,601.35.
In currency markets, the dollar was quoted at 124.39 yen, up modestly from 124.32 yen in New York late Friday.
The euro slid to $1.1096 and 138.01 yen from $1.1112 and 138.14 yen.
Shortly before the opening bell, official data showed Japan's economy contracted 0.4 per cent, or an annualised 1.6 per cent, in the April-June quarter due to weak consumption and slowing exports.
Still, the data came in slightly better than the market's expectations for a fall of 0.5 per cent, or an annualised 1.8 per cent.
Wall Street rose Friday, with the Dow Jones Industrial Average closing at 17,479.47, up 0.41 per cent, following solid US data on wholesale prices and industrial production.
US data showed a solid gain in industrial production and higher wholesale prices. The most anticipated report, July retail sales, rose 0.6 per cent behind large gains in auto purchasing and advances in most other categories.
Hong Kong stocks fell 0.19 per cent in opening trade Monday, dragged lower by falling oil prices despite news China will support its stock market for the next few years.
The benchmark Hang Seng Index lost 45.43 points to 23,945.6 in opening deals.
Shanghai stocks fell 0.44 per cent on Monday morning despite regulators promising that the state-backed China Securities Finance Corp., tasked with restoring stability, will support the market for years, dealers said.
The benchmark Shanghai Composite Index lost 17.50 points to 3,947.84.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.20 per cent, or 4.52 points, to 2,314.92.
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