Asian markets settle mostly down on Tuesday

Asian markets settled mostly down on Tuesday tracking mixed cues from Wall Street overnight, while geopolitical tensions in Afghanistan and worries over fast-spreading Delta corona-virus variant too weighed sentiments. Investors are now awaiting minutes from the Federal Reserve’s latest meeting, due to be published on Wednesday, for cues on the economic and interest-rate outlook. Chinese shares ended lower due to tensions between China and the United States after the US Securities and Exchange Commission Chair Gary Gensler issued his most direct warning yet about the risks of investing in Chinese companies. Meanwhile, Chinese market regulator issued draft rules aimed at stopping unfair competition on the internet, marking the latest stage of Beijing’s crackdown on the country’s technology sector.