Most Asia-Pacific markets rose Thursday after indexes in the region fell for two straight days, while data from China showed consumer prices shrank faster than expected.
South Korea stocks ended marginally higher, after the benchmark Kospi, dropped 3.24% in the last two sessions, erasing more than half of what it gained earlier in the week when the country re-imposed a ban on short selling.
Government data showed October consumer prices shrank 0.2% year-on-year in China, more than the 0.1% fall expected by economists polled by Reuters. Producer prices declined 2.6%, slightly smaller than the expected decline of 2.7%.
The Kospi closed 0.23% higher at 2,427.08, inching higher after two days of declines.
The Kosdaq, however, shed 1% ending at 802.87. It fell for the third straight day.
Hong Kong's Hang Seng index dipped 0.22% in the final hour of trading, on pace for its third day in the red. China's CSI 300 index ended flat at 3,612.83.
Japan's Nikkei 225 added 1.49% to reach 32,646.46, and the Topix gained 1.26% at 2,335.12.
In Australia, the S&P/ASX 200 ended 0.28% higher at 7,014.90.
Overnight, U.S. markets closed higher as the S&P 500 rose for an eighth consecutive day on Wednesday, extending its longest win streak in two years.
The broad market index ended 0.1% higher to match an eight-day string of gains it notched in November 2021. The Nasdaq Composite inched up 0.08% at close in a ninth positive day and its longest string of gains in two years.
The Dow Jones Industrial Average shed 0.12%, and snapped its best win streak since July.
— CNBC's Samantha Subin and Lisa Kailai Han contributed to this report