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Asian stocks turned mixed early Tuesday, as cautious sentiment prevailed ahead of a keenly-anticipated policy decision by Australia’s central bank.
Japan’s Nikkei 225 index reversed gains to drift further away from Monday’s 15-year high as the dollar-yen retreated back into the 119 territory.
Chinese shares plunged in early trade as the country’s top political advisory body – the Chinese People’s Political Consultative Conference (CPPCC) – convenes today in Beijing, just ahead of the country’s annual National People’s Congress on Thursday.
South Korea’s Kospi index held at a new five-month high, supported by gains among automakers and Samsung’s affiliates.
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