Asia markets were broadly lower Tuesday as investors digested a new rare earths framework signed by U.S. President Donald Trump and
Japan’s Prime Minister Sanae Takaichi, tempering gains from Wall Street’s record highs.
The Nikkei 225 Index gave up some of Monday’s big gains, dumping 293.14 points, or 0.6%, to 50,219.18.
Trump met Japan’s Emperor Naruhito after arriving in Tokyo on Monday and was the first foreign leader to hold talks with Takaichi since she took office.
In Hong Kong, the Hang Seng lost 87.56 points, or 0.3%, to 26,346.14.
China’s Sany Heavy Industry traded flat on its Hong Kong trading debut Tuesday after raising HKD$12.36 billion ($1.59 billion U.S.) in one of the city’s largest listings this year.
South Korea also reported its third-quarter GDP numbers, which beat expectations and marked its fastest pace of expansion in over a year.
In other markets
The CSI 300 in Shanghai dipped 24.05 points, or 0.5%, to 4,691.97
In Korea, the Kospi dropped 32.42 points, or 0.8%, to 4,010.41.
In Singapore, the Straits Times Index edged ahead 10.06 points, or 0.2%, to 4,450.36
In Taiwan, the Taiex fell 44.52 points, or 0.2%, to 27,848.11.
In Australia, the ASX 200 shed 43.14 points, or 0.5%, to 9,012.50.
In New Zealand, markets returned from a long weekend to forge upward 11.07 points, or 0.1%, to 13,402.66.
