Asian markets settled mostly lower on Tuesday, led by a nearly 5% plunge in South Korea's benchmark Kospi index due to weakness in the tech sector on concerns over high AI-related stock valuations. Investors were cautiously awaiting the US Federal Reserve's meeting minutes and the start of the second-quarter US earning season this week. Chinese shares declined, despite authorities in China and Hong Kong unveiling a broad package of measures to boost financial connectivity and yuan internationalization. Investors were also awaiting China's June CPI and PPI data due this week for clues on the policy outlook, while the World Bank projected China's economic growth would slow to 4.4% in 2026 and 4.3% in 2027 due to a prolonged property downturn and subdued consumer demand.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,990.24 | -51.00 | -1.26 |
| Hang Seng | 23,496.89 | -119.43 | -0.51 |
| Jakarta Composite | 5,986.50 | 70.43 | 1.19 |
| KLSE Composite | 1,682.93 | -0.60 | -0.04 |
| Nikkei 225 | 68,256.96 | -1,480.73 | -2.12 |
| Straits Times | 5,342.24 | 82.43 | 1.57 |
| KOSPI Composite | 7,656.31 | -395.02 | -4.91 |
| Taiwan Weighted | 45,479.11 | -1,077.28 | -2.31 |
