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Asian shares and US stock futures rose on Tuesday, bolstered by hopes that Greece's latest budget proposals would stave off a debt default and lead to a deal with lenders later this week.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 percent, while Japan's Nikkei share average jumped 1.2 percent to a fresh 15-year high as investors bought back shares they sold in three losing weeks.
"The fact that it appears that something will happen for Greece is really lifting the market's mood," said Ayako Sera, senior market economist at Sumitomo Mitsui Trust Bank in Tokyo.
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