Asian markets settled mostly higher on Tuesday ahead of US personal consumption expenditure (PCE) inflation data and comments from central bank officials for additional clues on the interest rate outlook. Chinese shares gained after reports emerged that Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers. Seoul shares buoyed as semiconductor shares surged. However, some gains were limited by rising geopolitical tensions and interest rate jitters persisted, while reports showing China has introduced new guidelines aimed at blocking Intel and AMD chips in government PCs and servers.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,031.48 | 5.17 | 0.17 |
| Hang Seng | 16,618.32 | 144.68 | 0.87 |
| Jakarta Composite | 7,365.66 | -12.10 | -0.16 |
| KLSE Composite | 1,538.42 | 0.88 | 0.06 |
| Nikkei 225 | 40,398.03 | -16.09 | -0.04 |
| Straits Times | 3,233.33 | 35.23 | 1.09 |
| KOSPI Composite | 2,757.09 | 19.52 | 0.71 |
| Taiwan Weighted | 20,126.49 | -65.76 | -0.33 |
