Investing.com - Asian shares were mixed on Tuesday with South Korea of note as third quarter GDP came in better than expected despite a string of major corporate mishaps in the past few months.
The S&P/ASX 200 rose 0.72% and the Nikkei 225 gained 0.71%, while the Shanghai Composite dipped 0.08%.
In South Korea, the Kospi fell 0.71% and the Korean won slipped despite data from the Bank of Korea that showed third quarter GDP rose a seasonally adjusted 0.7% on-quarter, beating the 0.6% gain seen.
The country is in focus in Asia as corporate news has rocked sentiment in the past few months with a massive strike at Hyundai Motor, the collapse of Hanjin Shipping and Samsung Electronics (KS:005930) forced to recall shipments of its new Galaxy Note 7 handsets amid reports of the devices catching fire.
Overnight, U.S. stocks were higher after the close on Monday, as gains in the Technology, Consumer Services and Consumer Goods sectors led shares higher.
At the close in NYSE, the Dow Jones Industrial Average gained 0.43%, while the S&P 500 index climbed 0.47%, and the NASDAQ Composite index climbed 1.00%.