Asian markets settled mostly higher on Tuesday tracking Wall Street shares overnight with renewed optimism that the US Federal Reserve would cut interest rates next year. Meanwhile, investors are awaiting to the release of a slew of US economic data this week for further direction. Japanese market led gains among major markets in the region, while the yen tumbled after the Bank of Japan kept its ultra-lax monetary policy unchanged, as widely expected. Chinese shares marginally rose, even after private report said at least 118 people are confirmed dead after a magnitude 6.2 earthquake struck the inland province of Gansu late Monday night.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 2,932.39 | 1.59 | 0.05 |
| Hang Seng | 16,505.00 | -124.23 | -0.75 |
| Jakarta Composite | 7,187.85 | 68.32 | 0.95 |
| KLSE Composite | 1,465.67 | 0.39 | 0.03 |
| Nikkei 225 | 33,219.39 | 460.41 | 1.39 |
| Straits Times | 3,116.62 | 3.39 | 0.11 |
| KOSPI Composite | 2,568.55 | 1.69 | 0.07 |
| Taiwan Weighted | 17,576.55 | -75.48 | -0.43 |
