Asian markets settled mostly higher on Tuesday. Seoul shares climbed to a new high for the second consecutive session following Wall Street's record-breaking rally overnight as newly installed Fed governor Stephen Miran said rates should be below 3% by end of year and dismissed fears of US president's tariffs stoking inflation. Investors were awaiting Fed Chair Jerome Powell's speech and upcoming PCE Price Index data, the Federal Reserve's preferred inflation gauge, which is expected to signal subdued price pressures. However, Hong Kong shares fell after PBoC governor Pan Gongsheng didn't announce any immediate policy changes. Meanwhile, Japanese market was closed for the national Autumnal Equinox holiday.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,821.83 | -6.74 | -0.18 |
| Hang Seng | 26,159.12 | -185.02 | - 0.70 |
| Jakarta Composite | 8,125.20 | 85.16 | 1.05 |
| KLSE Composite | 1,603.55 | 0.21 | 0.01 |
| Nikkei 225 | -- | -- | -- |
| Straits Times | 4,302.67 | 5.30 | 0.12 |
| KOSPI Composite | 3,486.19 | 17.54 | 0.51 |
| Taiwan Weighted | 26,247.37 | 366.77 | 1.42 |
