Heavy rains in Rio Grande do Sul state have caused rivers and lakes to hit their highest levels, killing 149 people and displacing some 538,000 others
An increase in risk appetite and speculation about possible fresh Bank of Japan monetary easing lifted the dollar and euro against the yen, which in turn provided a platform for the Nikkei index.
Tokyo gained 0.89 percent, or 77.72 points, to 8,824.59, Sydney added 0.31 percent, or 13.8 points, to 4,452.4 and Hong Kong was 0.10 percent higher in the afternoon.
But Seoul eased 0.17 percent, or 3.35 points, to 1,992.68.
Shanghai is closed for a week-long public holiday.
Regional shares took their cue from Wall Street, which ended in positive territory after jobs and services figures provided some hope for the economy.
The Institute for Supply Management released its services industry index Wednesday, which showed the crucial sector picking up pace although hiring remained flat.
Separately, payrolls company ADP released a report showing private-sector hiring was better than expected in September, with 162,000 jobs added. Despite being down 14 percent from August the slowdown is less than expected.
US dealers welcomed the announcements. The Dow finished up 0.09 percent, the S&P 500 was 0.36 percent higher and the Nasdaq climbed 0.49 percent.
Eyes are now firmly on policy meetings over the next two days for the European Central Bank, the Bank of Japan and Bank of England, while closely watched non-farm payrolls are due out of Washington on Friday.
“There is a little bit of a wait-and-see attitude in Asia this week,” said Wee Khoon Chong, Asia rates strategist at Societe Generale in Hong Kong.
On currency markets the euro rose to $1.2923 and 101.61 yen in early trade, compared with $1.2903 and 101.31 yen in New York late Wednesday.
The dollar was at 78.63 yen against 78.51 yen.
Speculation has grown in the past few days that the BoJ may unveil new easing steps. While analysts say it probably won’t announce any fresh measures after a two-day meeting Friday, pressure is likely to continue for more action ahead of its next meeting scheduled for October 30.
Europe’s debt woes continue to weigh after Spanish Prime Minister Mariano Rajoy said Tuesday he would not request a bailout any time soon, despite the parlous state of the country’s finances and its dangerously high borrowing costs.
Spain, the eurozone’s fourth-biggest economy, is required to make a formal demand for help in order to trigger the release of eurozone rescue funds and supportive bond-buying action from the European Central Bank.
Oil prices rose. New York’s main contract, light sweet crude for delivery in November, gained 17 cents to $88.31 a barrel and Brent North Sea crude added 37 cents to $108.54.
Gold was at $1,780.57 at 0600 GMT compared with $1,778.50 on Wednesday.
Heavy rains in Rio Grande do Sul state have caused rivers and lakes to hit their highest levels, killing 149 people and displacing some 538,000 others
'Let your hands talk in the ring. I am excited … let’s make history., said the Ukrainian Usyk after the official weight-in where the Briton avoided eye-contact with his opponent
The first batch of students will be admitted in August or September
Based on current regulations, car rental companies should replace manual vehicles after four years from the car's manufacturing date
The autopsy also revealed that the 14-year-old had an enlarged heart, which could have contributed to his death
One expat never wanted to live in a ground-floor apartment again after seeing how floods destroyed her home; another vowed to avoid units on higher levels after having to climb 12 floors down
This initiative that aligns with the nation's continuation of 'Year of Sustainability', was supported by the parents of the kindergarteners