Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
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The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
Asian markets closed mostly higher on Tuesday after a somewhat quiet session on Wall Street. Investors in the region also digested earnings guidance from tech heavyweight Samsung Electronics and kept an eye on developments from inter-Korea talks.
Japan's Nikkei 225 rose 0.57 percent, or 135.46 points, to close at 23,849.99 as markets re-opened following a long weekend. The benchmark index also touched its highest levels in 26 years in the trading session.
Trading houses and automakers, which had begun in positive territory, traded mixed. Technology names, meanwhile, finished the session mostly higher, with Sony and SoftBank Group rising 2.71 percent and 0.09 percent, respectively.
Over in Seoul, the Kospi shed 0.12 percent to close at 2,510.23. Talks between North and South Korea, the first of their kind in more than two years, resulted in North Korea stating it would send a delegation to the upcoming Winter Olympics hosted by the South, Reuters said, citing a South Korean official.
Also of note, South Korea announced Tuesday it would give thought to briefly lifting sanctions against the North if required, in order for the latter to take part in the games.
Shares of Samsung Electronics fell 3.11 percent after the company announced its fourth-quarter earnings guidance on Tuesday. The tech giant said it was estimating a record 15.1 trillion Korean won ($14.13 billion) in operating profit for the quarter. Still, that was a touch below the 15.9 trillion won forecast by Reuters.
Other technology names were mixed. SK Hynix closed down 1.66 percent and LG Electronics climbed 3.81 percent after its stock stumbled in the last session following a lower-than-expected fourth-quarter profit estimate.
Over in Sydney, the S&P/ASX 200 clung to gains, closing 0.09 percent higher at 6,135.8. The resource sector was the best-performer of the day, with major mining companies Rio Tinto and BHP rising 2.34 percent and 1.67 percent, respectively.
Greater China markets were also slightly higher. Hong Kong's edged up 0.37 percent at 3:07 p.m. HK/SIN, as investors eyed an 11th straight days of gains. Technology firms and casinos were mostly higher, with Tencent soaring 1.23 percent and Sands China higher by 4.01 percent at 3:09 p.m. HK/SIN.
On the mainland, the tacked on 0.16 percent to close at 3,414.83 and the Shenzhen Composite rose 0.32 percent to end at 1,952.18.
U.S. stocks closed mixed on Monday. With no major data released stateside overnight, investors there looked to quarterly earnings releases due at the end of the week.
Several major U.S. banks, including J.P. Morgan and Wells Fargo, are among the first names reporting on Friday and investors will be looking for signs about how changes in the taxcode will impact businesses.
The Dow Jones industrial average edged down 0.05 percent, or 12.87 points, to close at 25,283. Other indexes notched slight gains.
The euro nursed losses after slipping overnight. The common currency traded at $1.1954 at 2:44 p.m. HK/SIN after holding above the $1.20 handle in the first week of the year. The currency had touched its highest levels in almost four months last week.
On Tuesday, the dollar index, which tracks the greenback against a basket of currencies, was steady at 92.324, compared to a high of 92.396 seen in the last session, when it had touched a more than one-week high.
Against the yen, the dollar fell to trade at at 112.66. That was below Monday's close of 113.06.
Alibaba Group founder Jack Ma said he would think about listing the e-commerce giant in Hong Kong, the South China Morning Post reported. Ma's comments came after Hong Kong Exchanges and Clearing said last month it would move forward on plans to allow companies from "emerging and innovative sectors" with dual share classes to list.
Toyota Motor on Monday announced plans to develop autonomous, electric vehicles that would be manufactured to meet the needs of companies in the ride-sharing and delivery sectors. Feasibility testing for the e-Palette Concept Vehicle will begin in the early 2020s, Toyota said in a statement. Toyota shares closed lower by 0.15 percent. Other Japanese automakers were mixed: Nissan was up 0.65 percent and Suzuki Motor declined 1.29 percent by the end of the day.