Asian stock markets were mostly higher Tuesday after French banks agreed to give Greece more breathing room, raising hopes that Europe's debt crisis could be averted.
The dollar weakened against the yen and euro while crude oil rose inched above $91 a barrel.
Japan's Nikkei 225 climbed 1.1 per cent to 9,681.58 and South Korea's Kospi gained 1.2 per cent to 2,090.21.
Hong Kong's Hang Seng rose 0.3 per cent to 22,112.56 and Australia's S&P ASX 200 added 0.4 per cent to 4,480.20.
Benchmarks in Taiwan, Singapore and New Zealand also rose, but shares in mainland China fell.
News on Monday that French banks agreed to accept slower repayment of Greece's debt gave a lift to global stock markets. French banks hold $21.3 billion in Greek government debt and the agreement gives Greece more time to meet its other financial obligations.
But investors are still keeping a wary eye on the situation in Athens, where lawmakers are set to start debating a new round of austerity reforms aimed at helping the country get additional rescue loans to avoid bankruptcy.
"Once again, expectations ahead of the Greek vote, which is due to start being debated tonight, will be the driving force behind markets," said Ben Potter, research analyst at IG Markets in Melbourne.
On Wall Street on Monday, the Dow Jones industrial average rose 108.98 points, or 0.9 per cent, to close at 12,043.56. The Standard & Poor's 500 index rose 11.65, or 0.9 per cent, to 1,280.10. The Nasdaq composite index rose 35.39, or 1.3 per cent, to 2,688.28.
Benchmark oil for August delivery was up 40 cents to $91.01 in electronic trading on the New York Mercantile Exchange. The contract fell 55 cents to settle at $90.61 on Monday.
The euro rose to $1.4304 from $1.4266 late Monday in New York while the dollar fell to 80.81 Japanese yen from 80.97 yen.