Asia-Pacific markets rebounded following a sell-off in the previous session, as investors digest comments from U.S. Federal Reserve Chairman Jerome Powell.
Powell said it would take a while for policymakers to evaluate the current state of inflation, keeping the timing of potential interest rate cuts uncertain.
In Asia, investors assessed March service sector activity data from India, as well as retail sales numbers from Hong Kong.
Markets in Hong Kong, mainland China and Taiwan are closed for a public holiday.
South Korea's Kospi soared 1.29% to end at 2,742 and lead gains in Asia, while the small cap Kosdaq was up 0.33% to 882.9.
The Kospi was powered by expectations that heavyweight Samsung Electronics will post a near nine-fold increase in its first-quarter profit from a year earlier. Samsung shares climbed 1.43%.
Japan's Nikkei 225 gained 0.81% and crossed the 40,000 mark during the session, although it later fell and ended at 39,773.14. The broad-based Topix rose 0.94% to end at 2,732.
In Australia, the S&P/ASX 200 rose 0.45% and closed at 7,817.3, after clocking losses for two days.
Overnight in the U.S., the Dow Jones Industrial Average fell 0.11%, to mark its third straight negative day. The S&P 500 inched higher by 0.11% in its first winning session of the week, and the Nasdaq Composite traded up by 0.23%.
— CNBC's Sarah Min and Alex Harring contributed to this report