Asian stocks advanced early on Thursday, taking cues from the rally on Wall Street following the release of stronger-than-expected US inflation data overnight.
The Nikkei 225 rose 1.14 percent, or 242.61 points, in early trade.
The benchmark had come under pressure in the last session, closing lower by 90.51 points, after the dollar fell to 15-month lows against the yen during Asian trading hours on Wednesday.
Other corporates due to release earnings on Thursday include Japan’s Sapporo Holdings and Asahi Group Holdings.
Markets in China, South Korea, Taiwan and Vietnam are closed on Thursday for the Lunar New Year holiday.
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