Corporate profits News

Japan`s Nikkei rose more than 1 percent to a near two-year high on Tuesday, encouraged by rebound in U.S. hi-tech shares as investors bet on solid growth in the economy and corporate profits globally.

Stock markets around the world rallied on Monday, with U.S. shares recovering after an extended period of weakness as the U.S. dollar weakened and eased concerns about its impact on corporate profits, while the euro recovered from a 12-year low.