This is C온라인카지노사이트's live blog covering Asia-Pacific markets.

Asia-Pacific markets traded mixed Tuesday tracking Wall Street after U.S. President Donald Trump's administration said that it would move to reduce the impact of auto tariffs, while investors also assessed company earnings.

Europe's largest lender HSBC's beat estimates on the back of robust performance of its wealth business as well as strength in its corporate and institutional banking segment.

Market watchers were also closely monitoring developments surrounding trade deal negotiations between the U.S. and countries in the region.

Mainland China's  index fell 0.17% to end the day at 3,775.08 while Hong Kong's  inched up 0.16% to 22,008.11.

India's benchmark  was flat while the broader BSE Sensex edged up 0.17% as of 2.51 p.m. Indian Standard Time.

Over in South Korea, the  index increased by 0.65% to end the day at 2,565.42 while the small-cap Kosdaq added 0.98% to 726.46.

Australia's benchmark advanced 0.92% to end the day at 8,070.60.

Japanese markets were closed for a public holiday.

U.S. , after all three key benchmarks swung between gains and losses in Monday's choppy session.

, the  inched slightly higher by 0.06% to close at 5,528.75. This is the broad-based index's fifth straight winning day.

Meanwhile, the  ticked 0.1% lower and ended at 17,366.13, while the  rose 114.09 points, or 0.28%, to settle at 40,227.59.

Four of the so-called "Magnificent Seven" companies — , ,  and  — came under pressure briefly during the session ahead of their quarterly reports. Apple and Meta Platforms ended the session modestly higher, each up about 0.4%. Microsoft slipped 0.2% while Amazon was off 0.7%.

— C온라인카지노사이트's Sean Conlon and Pia Singh contributed to this report.

HSBC's HK-listed shares rise over 3.3% after first-quarter results beat expectations

HSBC's Hong Kong-listed shares rose as much as 3.32% Tuesday, after its surpassed expectations.

HSBC's profit before tax came in at $9.48 billion in its January to March quarter, 25% lower than the year before but 21.1% higher than the $7.83 billion forecast by analysts.

Meanwhile, the bank's revenue plunged 15% year-on-year to $17.65 billion.

HSBC - which is Europe's largest lender - also announced share buyback of up to $3 billion which it intends to complete before its 2025 interim results are announced.

— Amala Balakrishner, Lee Ying Shan

BoJ slated to keep rates unchanged in upcoming meeting, T. Rowe Price says

The Bank of Japan is expected to stand pat on interest rates in its upcoming monetary policy meeting on Thursday, T. Rowe Price's Vincent Chung says in a Tuesday note.

The co-portfolio manager for the diversified income bond strategy at the asset management firm expects the central bank to "delay any further interest rate hikes" given the appreciation of the Japanese yen as well as concerns about the impact of U.S. President Donald Trump's tariffs on economic growth.

Chung's comments come as the yen recently appreciated by what he says is "more than what would be implied by the interest rate differentials with the U.S."

It was deemed a safe haven asset during the spike in volatility earlier in the month.

Looking ahead, Chung says it is important for investors "to monitor potential trade deals that might decrease this risk premium and how the USD/JPY relationship moves back in line with the interest rate differential."

Reduced volatility in U.S. Treasuries should "put pressure on the yen from appreciating in the near term," he added.

As at 1.42 p.m. local time, the depreciated 0.35% against the dollar to 142.52.

— Amala Balakrishner

Indian rupee briefly hits 2025 high

The appreciated marginally by 0.07% against the U.S. dollar to 85.0750 as at 9.42 a.m. local time.

This follows a likely increase in equity inflows from foreign banks, a struggling U.S. dollar and tense India-Pakistan relations.

The rupee is witnessing a choppy session and had opened slightly weaker before briefly hitting its year-to-date high of 84.95.

— Amala Balakrishner

Shares of Hanwha Ocean plunge over 12% following earnings and investments

Shares of Hanwha Ocean plunged as much as 12.35% Tuesday, even as it reported strong results for its first quarter ended March.

The South Korean shipbuilder's ($1.5 million) in its January to March quarter, following stronger contributions from its commercial and naval segments.

Local media reported Monday that the state-run Korea Development Bank plans to offload its 19.5% stake in the company, which may dilute Hanwha Ocean's shares. Nomura analyst Eon Hwang said in a note that Hanwha Ocean's shares may be overvalued and reduced its target price to 55,000 won.

Hanwha Ocean also reported two upcoming investments. The company will channel 333 billion won towards expanding its floating dock business and 268 billion won for the construction of 6,500-ton-level floating cranes, according to Reuters.

— Amala Balakrishner

Australian stocks rise to near 2-month high

Australia's rose 0.88% to 8,067.4 as of 1.30 p.m. Australian Eastern Daylight Time, its highest level since Mar. 6.

The increase was broad-based and led by gains in the basic materials, healthcare and consumer cyclicals sectors.

The index is down 1.15% since the start of the year.

— Amala Balakrishner

Nearly 50% of Chinese exporters plan to reduce U.S. exposure amid protracted trade war, survey shows

Nearly half of Chinese exporters plan to reduce their exposure to the U.S., according to by the China Council for the Promotion of International Trade (CCPIT), as prohibitive tariffs are expected to halt bilateral trade between the world's two biggest economies.

Out of the 1,100 exporters surveyed, about 75% planned to expand into emerging markets to fill the gap left by the lost U.S. orders, a CCPIT spokesperson said at a press conference Monday.

"The heightened uncertainty stemming from frequently-shifting tariff policies has made it difficult for firms to make long-term plans," the state-backed trade body said, adding that many exporters are "actively" opening new foreign markets or pivoting sales to domestic consumers.

The CCPIT emphasized China's commitment to opening up to all foreign businesses, including American ones, while calling for Washington to "stop weaponizing tariffs" and resolve disputes through dialogue on an equal footing.

— Anniek Bao

Malaysian ringgit, Australian and Taiwanese currencies strengthen to four-month high

The Malaysian ringgit appreciated 0.62% against the U.S. dollar to 4.3330 as of 10.09 a.m. Singapore time on Tuesday, its highest level since Nov. 6 2024.

The country's central bank last held its overnight policy rate at 3% in its March policy meeting.

Other emerging market currencies similarly strengthened, with the Australian and Taiwanese dollar also hitting their highest level since November 2024.

The Australian dollar gained 0.22% against the U.S. dollar to 0.6442, while the Taiwanese dollar appreciated 0.4% against the dollar to 32.332.

Meanwhile, the offshore Chinese yuan strengthened 0.12% against the dollar to 7.2751. The Indonesian rupiah appreciated 0.33% against the dollar to 16,795, while the Philippine peso gained 0.19% against the dollar to 56.274.

Elsewhere in Asia, the  and depreciated marginally against the dollar.

— Amala Balakrishner

Spot gold slides on uncertainty over U.S-China trade negotiations

slid Tuesday, reversing gains from overnight when the bargain-hunting kicked in.

The precious metal slid 0.33% as of 9.15 a.m. Singapore time on Monday to trade at $3,330.87 per ounce, as investors kept watch on developments around trade negotiations between the U.S. and China.

The latest moves in the bullion — which is a traditional hedge against political and financial instability — come after it crossed the $3,500 threshold to hit an all-time high last week, on the back of the heightened macroeconomic uncertainty.

— Amala Balakrishner

South Korean auto stocks rise as Trump administration looks to reduce some import duties

South Korean auto stocks rose in early trade Tuesday, after U.S. President Donald Trump's administration said it will move to reduce the impact of his automotive tariffs.

This will be done by alleviating some duties imposed on imports of auto parts used in cars manufactured in the U.S., according to White House officials.

"This deal is a major victory for the President's trade policy by rewarding companies who manufacture domestically, while providing runway to manufacturers who have expressed their commitment to invest in America and expand their domestic manufacturing," .

As of 9.50 a.m. local time, South Korea's Kia Corp was trading 1.35% higher while Hyundai Motor moved up 0.58%.

— Amala Balakrishner

Oil prices fall as trade tensions between U.S. and China dent investor sentiment

Oil prices fell Tuesday on the back of simmering trade tensions between the U.S. and China.

Brent Crude slipped 0.25% to trade at $65.61 per barrel as of 8.26 a.m. Singapore time,

Meanwhile, the crude fell 0.31% to $61.86.

The moves come as the U.S.-China trade war dominates investor sentiment on oil prices.

China is the world's largest importer of oil and the higher U.S. tariffs may put pressure on its fuels and petrochemicals sectors.

— Amala Balakrishner

'Patchwork' quilt of trade deals cause for risk off bearishness, not optimism, Morgan Stanley says

Before any trade agreements are reached with India and Japan, "large U.S. companies will likely try to cut idiosyncratic deals with the White House, perpetuating the policy patchwork," holding back investor sentiment and pressuring stock and bond prices, according to a report by Morgan Stanley Wealth Management chief investment officer Lisa Shalett.

Treasury Secretary Scott Bessent's recent remarks regarding the likelihood of trade deals and continued independence at the Federal Reserve notwithstanding, "tariff deal" announcements won't energize markets without a "comprehensive rollback," the strategist wrote. "[W]e are unconvinced that relief will immediately follow" reports of breakthroughs, and bilateral agreements with India and Japan "are still months away, with key summits scheduled for June and October, respectively," Morgan Stanley wrote Monday.

Just as worrying is the credit market, where "the 10- year U.S. Treasury term premium recently surged to a decade-plus high. Curve steepening amid rising odds of a slowdown indicates investor concerns on two critical fronts: stagflation potential and debt sustainability following the ballyhooed tax bill."

The investment bank thinks the U.S. debt ceiling will need to rise by $5 trillion to $10 trillion, the Republican tax cut legislation will increase U.S. debt outstanding by $1 trillion to $4 trillion over the next decade and annual servicing costs on the national debt might double from the most recent $1.1 trillion.

— Scott Schnipper

Mag 7 earnings could be 'dictating' market's tone this week: Deutsche Bank

Megacap technology earnings this week will be pivotal for the market, according to Deutsche Bank.

and are both set to report earnings on Wednesday. and are slated to release results on Thursday.

"It's fair to say that these Mag-7 earnings will go a long way to dictating the tone of the week," Jim Reid, the bank's global head of macro and thematic research, wrote to clients.

— Alex Harring