Asian shares mostly higher, yen hits record low versus euro

SYDNEY: Asian shares were mostly higher on Tuesday after recent losses, while the battered yen hit a record low versus the euro, although the risk of intervention stemmed further weakness against the U.S. dollar.

With the first U.S. presidential debate on Thursday and the first round of voting in the French election at the weekend, investors remain cautious of how political shifts in major economies could impact their positions.