Asian markets end mostly in red on Tuesday

Asian stocks ended mostly in red on Tuesday as South Korean economic data disappointed. Reports showed that South Korea’s gross domestic product grew 2.7% year-over-year in the third quarter, down from a 3.3% gain in the prior three-month period. Further, falling oil prices overnight too weighed on market sentiment. Hong Kong shares ended slightly lower after mainland markets put up a lackluster performance and as investors were cautious about the increasing possibility of a US interest rate increase in December. While, Japanese stocks ended higher as a weaker yen lifted hopes that exporters' earnings will recover.