Investing.com - Asian shares mostly gained on Tuesday led by Tokyo and a weak yen.
The Nikkei 225 rose 0.5%, while the Shanghai Composite was up 0.1% after a holiday on Monday.
Korean and Hong Kong markets are closed for a holiday.
The dollar traded above 106 yen briefly on Tuesday, its highest level in almost six years, helping export related firms like Toyota Motor Corp Ltd Ord (TOKYO:7203), which was up 0.3%.
Japan's Softbank Corp. (TOKYO:9984) was also up, gaining 4.2%, benefiting from enthusiasm for Chinese e-commerce giant Alibaba Group Holding's investor roadshow before its New York share listing, expected in the coming weeks. SoftBank holds a 34% stake in Alibaba.
Overnight, U.S. stocks fell on the coattails of falling energy companies, whose shares took a dive on slumping oil prices, while a general bout of profit taking sent broader indices edging lower as well.
The Dow 30 fell 0.15%, the S&P 500 index fell 0.31%, while the NASDAQ Composite index rose 0.20%.
Oil prices tumbled earlier after data revealed that China's imports fell unexpectedly, underlining concerns over the health of the world's second largest economy.
Persistent concerns that the global economy still faces headwinds while oil supply remains ample have battered crude prices in recent sessions, which hit equities markets on Monday, especially on sentiments that military conflicts in Ukraine, Iraq and elsewhere in the Middle East have not disrupted shipments as once feared.
Profit taking sent stocks falling as well.
Recent factory gauges, service-sector reports, retail sales figures, broader economic growth numbers and other indicators have suggested the U.S. economy is on the mend despite hiccups here and there, which have pushed stock indices to record highs.