Singapore shares closed 0.4 percent higher on Tuesday to a fresh one-and-a-half year high, as eurozone officials signaled willingness to compromise with Greece' s newly elected government.
While weekend elections that brought the anti-austerity Syriza party to power in Greece set up a clash between the country and its international creditors, European Union officials showed a willingness on Monday to give Athens more time to pay its debts.
But they also maintained they would not yield to a new Greek government's demands for debt forgiveness, warning that the country's economic problems had not disappeared.