Asia stocks reach three-year high

Asia stocks rose to three-year highs on Tuesday on optimism over global growth prospects and a record run on Wall Street, which helped lift Treasury yields and the dollar. Monetary easing by the European Central Bank last week also has whetted the appetite for riskier assets globally, with an upbeat U.S. nonfarm payrolls report on Friday giving further impetus to investors.
Background:
Asia stocks reach three-year high [Reuters]
U.S. index futures drop as yen rises with emerging stocks [Bloomberg]