Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from global markets overnight, amid the geopolitical worries surrounding the Russia-Ukraine war and the U.S.-China chip war. The sign of fresh COVID outbreaks in China and fresh lockdowns and travel restrictions is also weighing on market sentiment. Asian markets closed mostly lower on Monday.
Washington published a set of export controls that limit companies selling advanced computing semiconductors and manufacturing equipment to China, threatening to worsen trade ties between the world's two largest economies.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.