Asian markets mostly higher on Greek debt deal

TOKYO: Asian stocks were mostly higher on Monday morning as investors cheered a last-minute deal to extend Greece’s bailout by four months, giving Athens a lifeline to pay its bills and avoid a damaging default.

Tokyo led the charge with the benchmark Nikkei extending a 15-year high as it rose 0.81% by the break, while Sydney was up 0.52%, Wellington added 0.11%, and Seoul climbed 0.41%. Hong Kong fell 0.53%.