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• Appetite for Asian stocks and the euro ebbed on Tuesday as a rising tide of economic and political concerns added to anxiety over expectations China's foreign exchange reserves fell again in January.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJPUS was fractionally lower, while Japan's Nikkei .N closed down percent.00002250.35

• Japanese stocks dropped to a two-week low in thin trade, hit by weakness in global stocks and a stronger yen as investors became risk averse.

The Nikkei dropped 0.4 percent to 18,910.78, the lowest closing level since Jan 24.

• China stocks pulled back on Tuesday on fresh signs the government was moving to deflate potential credit bubbles in the broader economy, reinforcing recent central bank tightening moves that have crimped investors' risk appetite.

The blue-chip CSI300 index fell 0.2 percent to 3,365.68 points, while the Shanghai Composite Index dipped 0.1 percent to 3,153.09

• Hong Kong shares edged lower in choppy trading as investors adopted a watchful stance, awaiting clarity on U.S. President Donald Trump's policies to spur growth in the world's largest economy. Energy stocks led declines, while property developers and insurers advanced.

The Hang Seng Index slipped 0.2% to 23,310.59 by midday after changing direction at least four times.

Reference: Reuters,CNBC