Asian shares up on bargain buying

Asian stock markets rose Tuesday thanks to bargain-hunting and a positive lead from Wall Street, while regional sentiment was also lifted by better-than-expected preliminary Chinese manufacturing data.
However investors remain nervous about the state of the global economy, pushing gold prices to a record above $1,900 an ounce.
Tokyo jumped 1.22 percent, or 104.88 points, to 8,733.01. Seoul shot up 3.86 percent, or 65.98 points, to end at 1,776.68 and Sydney added 2.23 percent, or 91.1 points, to 4,173.4.
Shanghai jumped 1.52 percent, or 38.16 points, to 2,554.02 and Hong Kong rose 1.99 percent, or 388.66 points, to 19,875.53.
Mumbai rose 0.96 percent , or 156.77 points, to 16,498.47.
Markets in Europe and Wall Street ended in the green. The Dow Jones Industrial Average gained 0.34 percent, the S&P 500 edged up 0.03 percent, and the tech-heavy Nasdaq Composite rose 0.15 percent.
In Tokyo exporters were higher as the yen retreated after hitting a record post-war high 75.95 against the dollar last week. Against the Japanese currency, the dollar was flat at 76.78. The euro fetched 110.89 yen from 110.19.
The dollar rose to $1.4471 against the euro in Tokyo afternoon trade compared with $1.4356 at 2100 GMT on Monday as risk appetite improved.
In China HSBC's preliminary Purchasing Manager's Index hit 49.8 in August from a final reading of 49.3 in July, indicating that while there was still a slowdown in the economy, it was easing.
A figure above 50 shows growth and anything below 50 is a contraction.
Brent North Sea crude for October delivery rose 39 cents to $108.75 a barrel from Monday's close of $108.36. New York's main contract, West Texas Intermediate (WTI) light sweet crude for October delivery rose 64 cents to $85.06.
Gold soared in Hong Kong to a record high $1,914.50-$1,915.50 an ounce as traders still worried about the global outlook looked for a safe haven to park their cash.
However, the precious metal eased on profit-taking to close at $1,875.00-$1,876.00.
In other markets:
Singapore closed 1.22 percent, or 33.32 points higher at 2,765.15. Singapore Airlines advanced 3.05 percent to Sg$10.82 and DBS Group Holdings added 0.52 percent to Sg$13.43. Bangkok fell 0.99 percent or 10.56 points to 1,057.28.