Stock markets in Japan and South Korea rose on Thursday based on local and Chinese economic statistics.
The markets of China and Hong Kong are closed because of national holidays.
Japan's Nikkei rose 1.9 %, as investors expect the resumption of growth in Chinese production after the report on the reduction of manufacturing activity in September.
The sentiment of the Japanese manufacturers worsened in the third quarter, showed a quarterly report of the Bank of Japan.
Shares of automakers rose thanks to the decision of the Chinese Government to halve the tax on the sale of small cars. Quotes of Toyota Motor Corp rose 2.6 % and Nissan Motor Co by 5.1 %.
Real estate index in Japan rose by 4.8 %, as investors expect further policy easing by the Bank of Japan on the meeting on October 7.
South Korean index Korea Composite Stock Price Index (KOSPI) gained 0.8 %, reaching during trading a two-week high. Foreign investors bought South Korean stocks for a second day, buying them at 105.1 billion won ($ 89.43 million).
South Korean exports in September fell ninth month in a row, but not as much as analysts had forecasted, while other reports showed signs of growth in domestic demand.
"Considering the current economic performance of South Korea and China, it is impossible to say for sure that the state of the economy as a whole is good or bad. Investors in the stock markets have paid too much attention to the growth of the world economy, especially the Chinese one, after comments from Fed chairman, but the real statistics are not so bad as expected, so the markets are growing, "- explained the analyst at Hyundai Securities, No Yong Suk.
Shares of Hyundai Motor Co Ltd rose 2.4 % and those of steelmaker Posco by 1.5 %.