Asian markets bounced back from slight early losses on Tuesday, AP reported. Japan's Nikkei 225 index, reopening after a market holiday, added 1 percent to 20,555.29. The Kospi in South Korea jumped 1.6 percent to 2,097.00. Hong Kong's Hang Seng rebounded 1.8 percent to 26,774.88. It closed 1.4 percent lower on Monday. The Shanghai Composite index was up 1.1 percent at 2,563.82 and Australia's S&P ASX 200 rose 0.7 percent to 5,814.60. Shares rose in Singapore and Indonesia but were flat in the Philippines. Benchmark U.S. crude oil added 72 cents to $51.23 per barrel in electronic trading on the New York Mercantile Exchange. The contract lost $1.08 to settle at $50.51 per barrel on Monday. Brent crude, the international standard, gained 80 cents to $59.79. It gave up $1.49 to $58.99 a barrel in London. The dollar strengthened to 108.69 yen from 108.16 late Monday. The euro rose to $1.1478 from $1.1473.
