Asian shares mostly rise as Tokyo hits a record

Asian markets were mostly higher, led by Tokyo's Nikkei which rose about 3.1% to an intraday record, while other regional benchmarks posted mixed results.

Asian shares were mostly higher on Tuesday, led by a strong rally in Tokyo after Wall Street set fresh records. Tokyo's Nikkei 225 climbed about 3.1% to an intraday record as technology-related names gained. Other regional markets moved unevenly, with Hong Kong and South Korea up while the Shanghai Composite edged down. Investors also noted political developments in Japan and tensions involving the U.S. Federal Reserve. Key details: - Tokyo's Nikkei 225 rose 3.1% to an intraday record of 53,814.79. - Advantest surged 8.5%, Tokyo Electron jumped 8.3% and SoftBank Group rose 4.3%. - Hong Kong's Hang Seng advanced 1% to 26,877.01, and GigaDevice Semiconductor jumped 54% in its Hong Kong trading debut. - The Shanghai Composite fell less than 0.1% to 4,163.84, while South Korea's Kospi traded about 0.6% higher to 4,651.67. - On Wall Street, the S&P 500, Dow and Nasdaq reached record levels a day earlier, and markets noted tensions between President Donald Trump and Fed Chair Jerome Powell. - The dollar rose to 158.72 yen; gold dipped 0.2% and silver rose 0.8%. Summary: Regional equities rose with technology stocks supporting gains in Tokyo, while activity across other Asian markets was mixed. Investors are watching a possible early election in Japan and developments around the U.S. Federal Reserve; next market direction is undetermined at this time.