All the Asian markets ended lower on Tuesday after Russia recognized two Ukrainian separatist regions - Donetsk and Luhansk - as sovereign states and ordered troops into the territory as peacekeepers, accelerating a crisis the West fears could unleash a major war. Meanwhile, U.S. and allies condemned the deployment of troops in Ukraine as a calculated act by President Putin to create a pretext for invasion. China's Shanghai Composite index and Hong Kong's Hang Seng index ended lower amid fresh worries over Beijing's regulatory plans for the tech sector. Japanese shares fell for a fourth day due to an escalation in tensions around Ukraine.
| Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,457.15 | -33.46 | -0.96 |
| Hang Seng | 23,520.00 | -650.07 | -2.69 |
| Jakarta Composite | 6,861.99 | -40.98 | -0.59 |
| KLSE Composite | 1,576.96 | -5.73 | -0.36 |
| Nikkei 225 | 26,449.61 | -461.26 | -1.71 |
| Straits Times | 3,400.58 | -35.78 | -1.04 |
| KOSPI Composite | 2,706.79 | -37.01 | -1.35 |
| Taiwan Weighted | 17,969.29 | -252.20 | -1.38 |
