TOKYO —
Asian shares were mostly higher on Tuesday, while South Korea’s benchmark fell following reports of
fresh problems with Samsung’s Galaxy Note 7 phone.

READ: Samsung halts sale, exchange of Note 7 over safety
fears

KEEPING SCORE: Japan’s benchmark Nikkei 225 rose 1.2 percent to 17,046.16. Tokyo
markets were closed Monday for a national holiday. South Korea’s Kospi slipped 0.9 percent to
2,039.04. Australia’s S&P/ASX 200 added nearly 0.2 percent to 5,484.60. Hong Kong’s Hang
Seng was flat at 23,849.01, while the Shanghai Composite gained 0.3 percent to 3,057.02. Shares in
Southeast Asia were mixed.

SAMSUNG WOES: Shares in Samsung Electronics fell 5.4
percent after the company said it was sales of its Note 7 smartphones. It advised customers to turn
off their devices or replace them. Samsung issued a worldwide recall of the Note 7, a huge phonebordering-on-tablet
with a powerful battery, in late September after the devices were found to have a
tendency to catch fire. South Korean officials said Tuesday that replacement devices have also
overheated or caught fire.

WALL STREET: The Dow Jones industrial average picked up 88.55
points, or 0.4 percent, to 18,329.04. The index rose as much as 159 points earlier. The Standard
& Poor’s 500 index rose 9.92 points, or 0.5 percent, to 2,163.66. The Nasdaq composite added
36.27 points, or 0.7 percent, to 5,328.67.

OIL AND RUSSIA: Oil prices fell slightly after
spiking to their highest level in a year after Russian President Vladimir Putin said Monday that Russia,
which is not a member of OPEC, supports a preliminary agreement by OPEC nations to cut oil output.

THE QUOTE: “It was Russia to the rescue last night, as Vladimir Putin said Russia was ready
to join with OPEC in creating a deal to curb production and pump up prices. At the same Energy
Congress in Istanbul, the ever outspoken Algerian Energy Minister called on other non-OPEC
producers to join them,” Jeff Halley, a senior market analyst at OANDA, said in a commentary.

ENERGY: Benchmark U.S. crude fell 11 cents to $51.24. It added $1.54 to $51.35 a barrel in New
York on Monday, its highest closing price since July 2015. Brent crude, used to price international oils,
slipped 7 cents to $53.07 a barrel in London.

CURRENCIES: The dollar rose to 103.94 yen
from 102.96 yen late Monday in Asia. The euro fell to $ 1.1128 from $1.1192. TVJ