Asia-Pacific markets rose on Tuesday after the Reserve Bank of Australia held its cash rate target steady at 3.60% with the Australian dollar weakening against the U.S. dollar following the move.
The Australian S&P/ASX 200 erased earlier gains and last inched up 0.18% to close at 7,236.
In Japan, the Nikkei 225 also rose 0.35% to end at 28,287.42, and the Topix climbed 0.25% to finish at 2,022.76. South Korea's Kospi was 0.33% up, closing at 2,480.51 while the Kosdaq index closed 0.26% higher at 857.18.
In mainland China, the Shanghai Composite rose 0.49% to finish at 3,312.56 while the Shenzhen Component fell 0.25% to close at 11,859.48. The Hang Seng index fell 0.53% in Hong Kong in its last hour of trade.
Overnight in the U.S., two of the three major indexes closed higher, despite news of a surprise oil output cut from OPEC+ that threatened to stoke inflation and recession fears.
The Dow Jones Industrial Average climbed 0.98%, while the S&P 500 ticked higher by 0.37%. On the other hand, the Nasdaq Composite slid 0.27%.
— CNBC's Brian Evans and Jesse Pound contributed to this report