Asian stocks rose after Federal Reserve Chair Janet Yellen said the central bank is on track to raise interest rates this year.

The MSCI Asia Pacific Index added 0.2 percent to 125.11 as of 9:11 a.m. in Tokyo. The regional benchmark measure has fallen 15 percent since the end of June, on course for its worst quarter in four years, as the Fed prepares to raise rates with financial markets rattled by concern slowing Chinese growth.

Source: Bloomberg