Asian markets advanced Thursday, bolstered by overnight rises in oil prices, while shares of South Korea's Samsung Electronics jumped after a U.S. activist investor called for a corporate overhaul.
In South Korea, the Kospi closed up 0.6 percent, or 12.30 points, at 2,065.3, even after Typhoon Chaba hit the southern parts of the country on Wednesday.
In South Korea, Typhoon Chabakilled at least three people and flooded the country's biggest port in the city of Busan, industrial sites and factories, and dozens of flights were cancelled, Reuters reported.
Shares of Hyundai Motor fell 0.71 percent, after Reuters reported that two of its factories suspended operations because of "inflow of water" from the typhoon.
But the main index got support from heavily weighted Samsung Electronics, which jumped 4.45 percent after Reuters reported U.S. hedge fund Elliot Management published a letter calling on the South Korean firm's board of directors to make several corporate governance changes, including splitting the company and increasing its dividend.
Samsung Electronics said in a statement that it would carefully consider the proposals made by Elliot Management, and that it "believes in constructive and open dialogue," reported Reuters.
Samsung's construction arm, Samsung C&T, also got a boost from the news and jumped 7.89 percent.
Japan's benchmark Nikkei 225 closed up 0.47 percent, or 79.86 points, at 16,899.1, as the yen continued to weaken against the dollar. The dollar-yen currency pair was trading at 103.61 as of 2:13 pm HK/SIN, compared with levels around 101 yen last week.
Hong Kong's Hang Seng was up 0.47 percent in afternoon Asian trade. Chinese mainland markets remain closed for Golden Week holidays.
Australia's ASX 200 finished up 0.55 percent, or 30.075 points, at 5,483, with its energy subindex gaining 1.97 percent and the heavily-weighed financials subindex rising 0.7 percent.
Helping to support markets, oil prices climbed overnight after the U.S. Energy Information Administration (EIA) said crude stockpiles fell by 3 million barrels last week, the fifth unexpected weekly drawdown in U.S. oil inventories.
During Asian trade, U.S. crude futures were down 0.5 percent at $49.58 a barrel, after rising more than 2 percent overnight. Brent futures also fell 0.48 percent to $51.61 a barrel after rising 1.8 percent overnight.