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• Asian shares turned lower on Tuesday as earlier gains were quashed by tensions on the Korean peninsula after North Korea fired a missile that landed in Japanese waters, deepening concerns over the isolated nation's nuclear capabilities.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.6 percent after rising earlier.

• Tokyo stocks ended lower on Tuesday in volatile trade after market sentiment soured on a report North Korea would make a major announcement later in the day, hours after the isolated nation fired a missile that landed in Japanese waters.

The Nikkei dropped 0.1 percent to 20,032.35, moving away from an intraday high of 20,197.16 reached in the morning.

• China stocks fell on Tuesday, led down by the blue-chip index that some analysts say has been due for a correction after rallying strongly on inclusion of Chinese shares in a key MSCI index.

The blue-chip CSI300 index fell for the third session, dropping 0.8 percent to 3,619.98 points.

The Shanghai Composite Index lost 0.4 percent to 3,182.80 points.

• Hong Kong stocks lagged the broader Asian markets, which rose on strength in Europe and the United States.

The Hang Seng index dropped 1.1 percent, to 25,497.94 points.

Reference: Reuters, CNBC