The London markets were higher on Tuesday, largely on the strength of the 17.9 percent jump in Allied Domecq’s stock, the biggest one-day rise in any of the FTSE 100’s listed stocks in 10 months.

Allied’s huge jump came as it confirmed rumors of talks with American and French spirits manufacturers. Allied makes Beefeater gin and Stolichnaya vodka.

Other makers of spirits also benefited, showing raises in their stocks on the day. Pharmaceuticals were also up in London.

Meanwhile, in Japan, both the Nikkei and Topix indexes were up on Tuesday, with the dollar gaining strength against the yen.

Car makers were the biggest beneficiaries of the Japanese market’s rise, with Honda, Toyota, and Nissan all seeing advances in their stocks. Technology stocks were also up, with Matsushita, Cannon, and Hitachi all seeing their shares up on the day.

Japan Tobacco, the third largest tobacco company in the world, was down however, amid rumors that its Russian production subsidiary had its bank accounts in St. Petersburg frozen amid a tax dispute.

Back on the plus side, some pharmaceutical, energy, and entertainment stocks were up on Tuesday.