Asian stocks outside of Japan rose for a second day following a rally in U.S. equities and as investors await an interest-rate decision by Australia’s central bank.

The MSCI Asia Pacific excluding Japan Index rose 0.2 percent to 515.88 as of 9:32 a.m. in Hong Kong. Markets in Japan, South Korea and Thailand are closed Tuesday for holidays. The Standard & Poor’s 500 Index neared a record in New York on Monday as earnings from Comcast Corp. and Berkshire Hathaway Inc. beat estimates and data showed strength in the U.S. economy. E-mini futures on the S&P 500 were little changed.

Source : Bloomberg