Asian shares mostly higher after mixed day on Wall Street

Shares rose in Tokyo, Hong Kong, Seoul and Shanghai. U.S. futures edged higher and oil prices also gained

Stocks were mostly higher in Asia on Tuesday after a mixed session on Wall Street dominated by speculation the Federal Reserve may tap the brakes again on financial markets and the economy by raising interest rates.

Shares rose in Tokyo, Hong Kong, Seoul and Shanghai. U.S. futures edged higher and oil prices also gained.

Monday was the first U.S. trading day after the release of data showing a stronger than expected jobs market in March, which might keep inflation high. That has reinforced expectations the Fed may hike interest rates again at its next meeting.

In Japan, the new central bank governor indicated late Monday that he expects to keep its ultra-low interest rate policy in place without drastic changes.

Bank of Japan Gov. Kazuo Ueda did say a long-term review of the policy, which is aimed at fostering stronger economic growth by keeping inflation near a target of 2%, might eventually be needed.

"The upshot is that Governor Ueda is not merely making a temporary effort to not rock the policy boat, but is in fact doubling down on the policy course at present," Mizuho Bank said in a commentary.