Asian stock markets were mostly higher Wednesday as Japan's weak export figures boosted hopes for more central bank stimulus. Japan's Nikkei 225 gained 1.6 per cent to 18,501.69 and South Korea's Kospi was up 0.4 per cent at 2,046.61. China's Shanghai Composite Index added 0.4 per cent to 3,438.78 and Australia's S&P/ASX 200 rose 0.4 per cent to 5,256.00. Hong Kong's market was closed for a public holiday. Taiwan's benchmark fell while Southeast Asian stock markets rose. Benchmark US crude fell 25 cents to $46.04 a barrel in electronic trading on the New York Mercantile Exchange. It gained 1 cent to $46.29 on Tuesday. Brent crude, used to price international oils, fell 15 cents to $48.56 a barrel in London. The dollar rose to 119.98 yen from 119.84 yen in the previous session. The euro rose to $1.1361 from $1.1352, according to AP.
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