Asian markets settled mostly down on Tuesday tracking Wall Street’s fall overnight ahead of key US economic data including delayed jobs and inflation readings that could provide additional clues on the Fed's rate trajectory in the new year, while AI spending worries continued to weigh major tech names like Broadcom (AVGO) and Oracle (ORCL). Kospi index fell below the 4,000-point threshold as foreign investors dumped about 1.4 trillion won worth of shares in the domestic stock market alone and putting heavy pressure on the index. Chinese and Kong shares fell sharply as mounting economic growth concerns and the absence of strong policy support in China pressured the market. Japanese shares tumbled below the 50,000-mark, while the yen strengthened amid bets of a Bank of Japan rate increase later this week. Investors also digested Japan’s December PMI data showing a modest cooling in overall momentum.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,824.81 | -43.11 | -1.11 |
| Hang Seng | 25,235.41 | -393.47 | -1.54 |
| Jakarta Composite | 8,686.47 | 36.81 | 0.42 |
| KLSE Composite | 1,648.31 | 4.59 | 0.28 |
| Nikkei 225 | 49,383.29 | -784.82 | -1.56 |
| Straits Times | 4,579.73 | -9.44 | -0.21 |
| KOSPI Composite | 3,999.13 | -91.46 | -2.29 |
| Taiwan Weighted | 27,536.66 | -330.28 | -1.19 |
