Asian markets settled mostly higher on Tuesday amid investors were focusing on the outcome of US trade negotiations with India and Japan, following a 90-day pause on reciprocal tariffs between the US and China. Chinese shares gained after the People's Bank of China cut benchmark lending rates for the first time since October. PBoC slashed its one-year loan prime rate to 3% from 3.1%, while the five-year LPR was lowered by 10 basis points to 3.5%. Hong Kong shares rose as technology shares like Alibaba and Baidu surged on China's growth push. Japanese shares ended almost unchanged, giving up early gains supported by a weaker yen. However, Investors were in caution about rising debt and tariff uncertainty following Moody's downgrade of the US credit rating.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,380.48 | 12.90 | 0.38 |
| Hang Seng | 23,681.48 | 348.76 | 1.47 |
| Jakarta Composite | 7,094.60 | -46.49 | -0.66 |
| KLSE Composite | 1,548.87 | -7.27 | -0.47 |
| Nikkei 225 | 37,529.49 | 30.86 | 0.08 |
| Straits Times | 3,882.50 | 6.30 | 0.16 |
| KOSPI Composite | 2,601.80 | -1.62 | -0.06 |
| Taiwan Weighted | 21,526.03 | 2.20 | 0.01 |
