Asian markets were trading higher on Tuesday, following the broadly positive cues from Wall Street overnight, even with caution ahead of US consumer prices report and the start of second-quarter earnings later this week. Meanwhile, US Federal Reserve officials also signalled the central bank was nearing the end of its tightening cycle. Moreover, Chinese shares gained with hopes that the Chinese government will roll out more stimulus measures to shore up growth.
Nikkei 225 up 42.84 points or 0.13% to 32,232.57, Straight times climbed by 7.36 points or 0.23% to 3,156.68, Hang Seng rose by 276.74 points or 1.5% to 18,756.46, Taiwan widened by 246.11 points or 1.46% to 16,898.91, KOSPI stronger by 35.31 points or 1.4% to 2,556.01, FTSE Bursa Malaysia KLCI added by 2.51 points or 0.18% to 1,385.57, Jakarta Composite gained by 38.02 points or 0.56% to 6,769.06 and Shanghai traded higher by 10.96 points or 0.34% to 3,214.64.
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