Asian shares are mostly higher in quiet holiday trading, while Japan’s benchmark rose to new records on hope for more government spending and lower taxes under Japan’s first woman prime minister.

Asian stocks mostly rose on Tuesday, though trading was quiet due to holiday closures in some markets. Japan’s Nikkei 225 hit a new record, lifted by optimism over possible government spending and tax ...

Japanese stocks hit another record Tuesday, building on the previous day's surge following the election of a pro-stimulus advocate to lead the country's ruling party, while gold also pushed to ...