Asian markets ended mixed on Tuesday as investors assessed the impact of US President Donald Trump's policies on global growth. Meanwhile, rising Covid-19 cases across Southeast Asia kept traders cautious. Chinese shares declined, despite industrial firms reporting faster profit growth in April. The People's Bank of China has asked major lenders to raise the share of yuan when facilitating cross-border trade. Seoul shares dipped on profit booking. Hong Kong shares rose ahead of upcoming China PMI data. Japanese shares gained as the yen weakened and yields fell on super long-dated bonds ahead of a bond auction, with reports suggesting that the finance ministry might issue fewer super-long bonds.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,340.69 | -6.15 | -0.18 |
| Hang Seng | 23,381.99 | 99.66 | 0.43 |
| Jakarta Composite | 7,198.97 | 10.62 | 0.15 |
| KLSE Composite | 1,526.16 | -8.14 | -0.53 |
| Nikkei 225 | 37,724.11 | 192.58 | 0.51 |
| Straits Times | 3,896.09 | 20.49 | 0.53 |
| KOSPI Composite | 2,637.22 | -7.18 | -0.27 |
| Taiwan Weighted | 21,336.54 | -200.03 | -0.94 |
