Asian shares were mixed Tuesday with some markets closed or anticipating holidays and investors showing muted reaction to the latest U.S. banking failure.
Australia’s S&P/ASX 200 dipped 1.1% to 7,254.40, after the Reserve Bank of Australia raised interest rates by a quarter-percentage point, an unexpected move that signaled further tightening might be ahead. South Korea’s Kospi gained 0.6% to 2,515.24. Hong Kong’s Hang Seng gained 0.5% to 19,986.86.
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