Most of the Asian equity benchmarks are trading in red in the early deals on Tuesday as investors sought clarity on the trade talks between US-China after earlier cheering the postponement of a closely watched deadline in early March. China shares are higher extending the previous day's surge on continued optimism about China-US trade talks. Among the other Asian markets, Nikkei, Singapore, Hong Kong, South Korea, Indonesia and Malaysia are lower. Bucking the trend, Taiwan is higher.
Nikkei 225 dropped 92.79 points or 0.43% to 21,435.44, Hang Seng dipped 148.68 points or 0.51% to 28,810.62, Jakarta Composite tumbled 13.54 points or 0.21% to 6,511.82, KOSPI Shares decreased 9.30 points or 0.42% to 2,223.26, Straits Times declined 7.48 points or 0.23% to 3,264.87, and FTSE Bursa Malaysia KLCI down by 7.29 points or 0.42% to 1,717.29.
On the flip side, Shanghai Composite added 12.43 points or 0.42% to 2,973.71, and Taiwan Weighted up by 1.48 points or 0.01% to 10,392.41.