Asian markets settle mostly lower on Tuesday

Asian markets settled mostly lower on Tuesday tracking Wall Streets’ fall overnight ahead of the Federal Reserve’s interest-rate decision on Wednesday. The Fed’s final meeting of 2025 is broadly expected to deliver a 25 basis-point rate cut despite existing divisions within the committee. Chinese shares declined after the China’s top decision-making body, the Politburo, announced plans to strengthen domestic demand and support the economy with more proactive fiscal policy and appropriately loose monetary policy in 2026. However, Japanese shares gained as technology shares buoyed the market and ahead of the Bank of Japan’s policy decision next week.