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• Asian stocks scaled 19-month peaks on Wednesday thanks to a record-setting night on Wall Street after Federal Reserve Chair Janet Yellen flagged a possible interest rate hike next month, keeping the dollar in pole position near three-week highs.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.9 percent, rising to its highest since July 2015.

• Japan's Nikkei share average rose near six-week highs touched earlier in the week on Wednesday, as shares of insurers soared after comments from U.S. Federal Reserve Chair Janet Yellen boosted U.S. and global bond yields.

The Nikkei gained 1 percent to 19,437.98, near Monday's intraday high of 19,519.44 The broader Topix rose 1.0 percent to 1,553.69.

• China stocks reversed earlier gains to end lower on Wednesday, as technology and resource stocks took a breather after their recent strong rally.

The blue-chip CSIindex fell 0.4 percent, to 3,421.71 points, while the Shanghai Composite Index shed 0.2 percent to 3,212.99 points.

• Hong Kong stocks reached a fresh four-month high on Wednesday morning, after Federal Reserve Chair Janet Yellen's comments on the U.S. economy and the rate hike outlook sent Wall Street to record highs.

The benchmark Hang Seng index added 1.3 percent, to 24,002.57 points, while the Hong Kong China Enterprises Index gained 1.8 percent, to 10,440.28 points.

Reference:Reuters, CNBC