Japanese shares led the region's gains on Monday
Asian shares traded higher on Monday with investors hopeful that European leaders were on track to reach a deal over Greece's debt crisis.
The Greek Prime Minister, Alexis Tsipras, offered a new package of reforms to creditors - providing hope for a last-minute deal at the emergency summit meeting on Monday.
But, it was not clear how far the new proposal yielded to creditors' demands for more spending cuts and tax hikes.
Japan's Nikkei 225 closed up 1.3%.
The benchmark index was up to 20,428.19 points, leading gains across the region.
Japanese-listed shares in Honda closed up more than 2% despite the carmaker confirming over the weekend its eighth death linked to faulty airbags made by Takata.
In Hong Kong, shares rose on hopes that political tensions in the city were easing after policymakers vetoed a Beijing-backed electoral reform package last week.
Hong Kong's chief executive Leung Chun-ying said on Friday he would bring a series of economic initiatives to lawmakers this week, and asked for support.
The benchmark Hang Seng index closed up 1.2% at 27,080.85 points.
Markets in mainland China were closed for the Dragon Boat Festival after losing more than 6% on Friday.
In Australia, the benchmark S&P/ASX 200 reversed earlier losses to close up 0.2% at 5,610.20.
Meanwhile, South Korea's Kospi index closed up 0.4% at 2,055.16 - gaining for the fourth day.
Shares of Shinsegae rose 16.4% on expectations the company would get one of two licenses for new duty-free shop in the downtown area.
- Published22 June 2015
- Published21 June 2015
