Investing.com - Asian shares mostly gained on Tuesday with Sydney down slightly in an otherwise upbeat day for equities as earnings season in the region is expected to bolster views on better results in China, Japan and other leading trade hubs.

Japan's Nikkei 225 rose 0.79% as Subaru advanced 2.59% after it expected sales stateside to increase by 5% this year to 680,000 vehicles, the Wall Street Journal reported Monday.

Australia's S&P/ASX 200 fell 0.33% after Rio Tinto (LON:RIO) shares declined 0.42%. The company said 2017 iron ore shipments rose 1% and were in line with guidance. Fourth-quarter iron ore shipments rose 3% compared to the same period one year ago.

In Greater China, the Shanghai Composite edhed up 0.30% and the Hang Seng sjumped 1.32%.

US markets were shut on Monday.

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