Asian markets settled mostly higher on Tuesday ahead of crucial US economic reports that could provide insights into the Federal Reserve's interest rate timeline. Japanese shares gained, even as the yen rose for the second straight session against the dollar due to verbal intervention by Japanese authorities. However, Chinese shares declined, even after China's Premier Li Qiang said the country is capable of achieving the full year growth target of around 5%. The Joe Biden administration has launched an investigation into major Chinese telecom firms over concerns that these firms could potentially exploit their access to American data through their US cloud and internet operations to benefit Beijing.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 2,950.00 | -13.10 | -0.44 |
| Hang Seng | 18,072.90 | 45.19 | 0.25 |
| Jakarta Composite | 6,882.70 | -6.47 | -0.09 |
| KLSE Composite | 1,585.38 | -4.28 | -0.27 |
| Nikkei 225 | 39,173.15 | 368.50 | 0.95 |
| Straits Times | 3,326.28 | 12.14 | 0.37 |
| KOSPI Composite | 2,774.39 | 9.66 | 0.35 |
| Taiwan Weighted | 22,875.97 | 62.27 | 0.27 |
