Asian stock indexes were broadly positive on Tuesday afternoon, after a slightly turbulent trading day, with markets remaining uncertain over trade concerns and emerging market worries.
In Japan, the Nikkei 225 docked 10.48 points, or 0.1%, to 22,696, though the majority of its major sectors were negative. The Japanese yen weakened against the U.S. dollar at 111.34.
In Hong Kong, the Hang Seng zoomed 260.8 points, or 0.9%, to 27,973.34
In Australia, markets faded as the heavily weighted financial sector closed 0.74 percent down.
The Reserve Bank of Australia (RBA) announced earlier that the official "cash rate" interest rates would be kept unchanged at 1.5%, in a move that was anticipated by most market observers.
Following the announcement by the RBA, the Australian dollar weakened by about 0.1% against the dollar to trade at $0.720.
CHINA
In Shanghai, the CSI 300 gained 42.08 points, or 1.3%, to 3,363.90
As for Asia's largest economy, a survey released yesterday appeared to show that China is beginning to suffer some ill effects from its trade war against Washington: The Caixin/Markit Purchasing Manager's Index (PMI) came in at 50.6, its lowest level since June 2017, as export sales fell for the fifth consecutive month.
In other markets
In Singapore, the Straits Times STI index inched higher 3.31 points, or 0.1%, to 3,210.51
In Korea, the Kospi index gained 8.69 points, or 0.4%, to 2,315.72
In Taiwan, the Taiex index hiked 57.16 points, or 0.5%, to 11,021.28
In New Zealand, the NZX 50 gained 34.87 points, or 0.4%, to 9,292.15
In Australia, the ASX 200 subtracted 17.8 points, or 0.3%, to 6,293.07
