Hefty US tariffs imposed on Southeast Asian countries will loom over a meeting between US Trade Representative Jamieson Greer and his regional counterparts in Kuala Lumpur on Wednesday that is meant to discuss a trade and investment agreement.
Most Asian stocks were rangebound on Tuesday, cooling after recent gains as mixed signals on U.S. interest rates and regulatory moves from President Donald Trump spurred heightened caution.
Oil prices edged lower in Asian trading on Tuesday as investors assessed the impact of mounting geopolitical tensions and the prospect of tougher sanctions on Russian energy flows.
The U.S. dollar faced continued pressure in Asian trading on Tuesday as traders parsed comments by members of the Federal Reserve for clues on the path of interest rates.
China kept its benchmark lending rates unchanged for the fourth consecutive month in September, in line with market expectations, following the central bank's decision to hold a main policy rate steady last week.
Asian stocks were a mixed bag on Monday, with Japanese shares rebounding from prior losses despite a hawkish Bank of Japan, while Indian technology stocks slid on U.S. President Donald Trump’s crackdown against a major work visa category.