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Asian shares jump tracking Wall Street

Equities in other Asian markets surge except Japan tracking a strong session on Wall Street overnight, as crude oil declined by $2 a barrel and investors celebrated signs of progress in negotiations between Russia and Ukraine.

MSCI’s broadest index of Asia Pacific shares outside Japan up one percent in early hours. 

–Japan’s Nikkei 225: down 1.3 percent

–China’s Shanghai Composite: up 0.6 percent

–Hong Kong’s Hang Seng: up 1.1 percent

–South Korea’s KOSPI: up 0.3 percent

–Singapore’s Straits Times: up 0.2 percent

–S&P 500 futures: down 0.1 percent