Federal Reserve Chairman Kevin Warsh said the Fed's balance-sheet framework has changed materially.

Bank of Korea data on Tuesday showed foreign investors remained net sellers of South Korean stocks for a fifth consecutive month in June, despite tech-led gains. Non-residents sold $30.72 bln of Korean stocks and bonds in June, following $26.15 bln of net sales in May; foreign investors have been net sellers since February. The BoK said concerns about overheating in AI infrastructure investment weakened sentiment, and a rising market prompted portfolio rebalancing that reduced foreign equity holdings and accelerated capital outflows.

China A-share telecom cable and ancillary sector rose in early trade; Huamai Technology hit the daily limit. Changyingtong, Zhaolong Interconnect, Shenyu, Changjin Photon and Huiyuan Communication were among the top gainers.