Asian shares rise on strong earnings, bonds stabilize

Asian shares rose and bonds stabilized Wednesday after Wall Street gains, with MSCI's Asia-Pacific index up 1.5% and Japan's Nikkei 225 climbing 1.3%, buoyed by strong corporate earnings. Overnight, the S&P 500 rose 0.3% as 86% of reporting companies beat earnings estimates, according to LSEG data. Oil prices fell on unconfirmed peace reports before retracing, while French stocks declined on protest concerns. Brent crude traded at $110.03 a barrel, and the yen weakened to 158.33 per dollar after Japan's September exports rose 16.7%. Economists expect the Bank of Japan and Federal Reserve to hold rates this month before hiking in December.