Asia equities were mixed on Tuesday with Japan's benchmark index outperforming the region and leaping to fresh seven-year highs after a long weekend.
Investors digested mixed manufacturing activity growth across the globe. In the U.S., the Institute for Supply Management's gauge of manufacturing rose to 59 in October, matching August as the best reading since 2011. But in the euro zone, Markit's final Purchasing Managers' Index (PMI) showed activity expanded less than forecast last month.
Sliding crude prices also weighed on sentiment. Oil extended losses after hitting a more than two-year low overnight on the back of dollar strength and after top exporter Saudi Arabia deepened price cuts for U.S. customers. That saw U.S. stocks erase gains to finish mostly lower Monday.