Asian equity markets ended mostly in red on Tuesday after US crude oil prices fell as much as 7 percent on Monday, pressured by weak manufacturing reports, a US forecast calling for warm weather through mid-February and doubts about the possibility of a coordinated cutback on production. Factory activity in the world’s two biggest economies - the United States and China - slowed in January, a discouraging trend for the global economy. Japanese shares slipped on Tuesday as investors locked in profits from large gains made following the Bank of Japan's surprise decision late last week to adopt negative interest rates. However, Chinese shares bucked the weak sentiment across the region after the People's Bank of China guided the yuan to its highest fix in almost a month and pumped more money into the financial system to avoid a possible cash crunch ahead of next week's Lunar New Year holidays.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 2,749.57 | 60.72 | 2.26 |
| Hang Seng | 19,446.84 | -148.66 | -0.76 |
| Jakarta Composite | 4,587.44 | -37.20 | -0.80 |
| KLSE Composite | 1,653.18 | -14.62 | -0.88 |
| Nikkei 225 | 17,750.68 | -114.55 | -0.64 |
| Straits Times | 2,579.23 | -23.18 | -0.89 |
| KOSPI Composite | 1,906.60 | -18.22 | -0.95 |
| Taiwan Weighted | 8,131.24 | -25.72 | -0.32 |