Asia shares, major currencies cautious before key events

Asian share markets crept cautiously higher on Tuesday after Wall Street notched up a late rally, but conviction was sorely lacking with Tokyo shut for a holiday and plenty of major events looming later in the week. The South Korean market edged 0.1 percent higher (.KS11) with Samsung Electronics reporting a 3.3 percent fall in first quarter operating profit to 8.5 trillion won. Events in Ukraine provided an excuse for caution. The United States slapped sanctions on seven Russian government officials and 17 companies linked to Russian President Vladimir Putin in a fresh attempt to force Moscow to back down from its intervention in Ukraine.

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