In today’s market report… Asian shares rallied, led by Japanese exporters cheered by an easier yen against the dollar.
Japan's Nikkei gained over 3 percent by midday with consumer electronics giant Sony sharply higher.
Even troubled Toyota gained ahead of congressional testimony later this week by president Akio Toyoda on its massive recall.
Shanghai trading resumed after a week with Chinese-listed banks easing slightly in the wake of tighter reserve requirements.
Energy-linked stocks like PetroChina and CNOOC rose in Hong Kong, as oil neared $80 a barrel.
Shares of PCCW, Hong Kong's former phone monopoly, dipped after media reported the company was being investigated after a failed privatization bid, including a police raid on the home of its chairman.
