Most Asian markets posted moderate gains, today, after the Greek Parliament passed austerity measures required to secure fresh aid funds and avert an impending default. So Japan's Nikkei-225 index, South Korea's Kospi, and Singapore's Straits Times index rose 0.6%, each. Hong Kong's Hang Seng added 0.5%. But China's Shanghai Composite index ended flat. Meanwhile, Japan's economy shrank a bigger-than-expected 0.6% in the October-December 2011 quarter, hurt by slowing global growth, and a strong yen.The European markets also rose, with key benchmark indices in the UK, Germany and France were up by between 0.5% and 0.9% in intra-day trade, today.