Asian stock markets up

Asian stock markets mostly traded higher Tuesday after the Dow Jones industrial average hit another all-time high, AP reported. Tokyo's Nikkei jumped 1.9 percent to 14,534.91 and South Korea's Kospi added 0.7 percent to 1,991.26. China's Shanghai Composite gained 0.5 percent to 2,119.04. Stocks in Taiwan, Singapore, Thailand and India also rose. The PSE Composite in Manila climbed 0.4 percent to 6,289.67 after sinking the day before. The Philippines is grappling with the aftermath of Typhoon Haiyan. Thousands are believed dead and shattered communications and transportation links are hampering recovery efforts. Bucking the uptrend, Hong Kong's Hang Seng shed 0.2 percent to 23,028.63 and Australia's S&P/ASX 200 edged down 0.1 percent to 5,393.10. Most Asian markets got a boost from upbeat U.S. economic figures Friday including a strong U.S. jobs report for October, even though it raised the prospect the Federal Reserve will reduce monetary stimulus that has buoyed stocks. The world's largest economy added 204,000 jobs last month, trumping market expectations for 125,000 jobs.