Equity indices in the Asia-Pacific region ended Tuesday on a lower note.
The Bank of Japan’s quarterly economic assessment upgraded its view of seven out of nine regions.
Hyundai will reportedly build its first dedicated electric vehicle factory that aims to begin production in 2025.
China’s insurance and banking regulator indicated that support for manufacturers will be increased.
The Bank of Korea and Reserve Bank of New Zealand are expected to announce 50-bps rate hikes tomorrow.
Japan’s Nikkei: -1.8%
Hong Kong’s Hang Seng: -1.3%
China’s Shanghai Composite: -1.0%
India’s Sensex: -0.9%
South Korea’s Kospi: -1.0%
Australia’s ASX All Ordinaries: -0.1%