Asian markets end mostly higher on Tuesday

Asian markets ended mostly higher on Tuesday tracking Wall Street gains overnight following passage of a $1 trillion infrastructure bill in the United States, but investors globally are stayed cautious ahead of the inflation data from the United States. Chinese shares gained despite concerns around Evergrande's debt crisis. The US Central bank Fed also warned that stresses in the Chinese real-estate sector from Evergrande's debt crisis could spill over to the United States. Reports suggested that Evergrande has raised around $145m (£107m) just before a deadline for a fresh debt interest payment. Seoul shares settled slightly higher amid institutional buying. However, Japanese shares declined with stronger yen, while some disappointing earnings updates also denting market sentiments.