Asian Shares Mostly Higher Following Wall Street Gains
Asian shares advanced mostly higher on Tuesday, following Wall Street's gains driven by easing worries about higher interest rates. Benchmarks rose in Tokyo, Hong Kong, and Shanghai but fell in Seoul and Sydney. Investors appeared encouraged by better-than-expected earnings reports and awaited upcoming U.S. economic data on manufacturing and the job market that could influence the Federal Reserve's decisions on interest rates. While oil prices dipped slightly, the overall market sentiment remained positive.