Shanghai up 0.1%
China's benchmark Shanghai Composite closed marginally higher on Tuesday despite June's positive manufacturing data. Hong Kong stocks were closed for a public holiday.
Outperforming the bourse were gold miners; Shandong Gold was nearly 3 percent higher and Zhongjin Gold rose 2 percent as bullion prices traded at its highest level in over two years.
Jiangxi Copper surged 3.4 percent as copper prices rose to a near four-month high.
ASX 0.4% lower
Australian shares erased morning gains to end Tuesday in the red.
Condom maker Ansell dropped over 3 percent after announcing a steep profit warning and saying that it will restructure its global operations.
National Australia Bank widened losses to fall over 1 percent after saying it was exploring the possible strategic partnering for custody services.
As expected, the Reserve Bank of Australia (RBA) left interest rates on hold at a record low of 2.5 percent on late Tuesday. The central bank said that a period of stability in rates is likely to be "most prudent course."
The Australian dollar jumped to a session high of $0.9455 against the greenback on the RBA's decision.
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Kospi down 0.2%
South Korea's benchmark Kospi index remained downbeat for the day, after rising to its highest levels since June 12 in the previous session. Sentiment was unable to get a boost despite data showing that June exports rose an annual 2.5 percent, well above expectations.
Among blue chips, index heavyweight Samsung Electronics and Hyundai Motor lost 0.9 and 0.2 percent each