Asian Shares Mostly Higher, Tracking Wall St. Rally

Shares were mostly higher in Asia on Tuesday after the Nasdaq composite touched a fresh record as enthusiasm about reopening the economy pushed Wall Street still higher. Japan’s benchmark Nikkei 225 lost 0.4% to finish at 23,091.03 and South Korea’s Kospi was flat at 2,184.57. Hong Kong’s Hang Seng jumped 1.7% to 25,189.65, while the Shanghai Composite index gained 0.4% to 2,949.87. Australia’s S&P/ASX 200 jumped 2.4% to 6,144.90, tracking Wall Street’s recent gains. The market was closed on Monday for a public holiday. Shares rose in Taiwan and Singapore. In Japan, the government reported that wages fell in April as the country widened precautions to fight...