Reuters
Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the greenback held near a two-year high helped by elevated U.S. Treasury yields as investors prepared for fewer Federal Reserve rate cuts in 2025. After a recent run of central bank decisions, this week is much quieter, with Japan's October meeting minutes and Australia's December minutes released on Tuesday morning, providing more details on their decisions to hold rates at the time. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.35% early in the session, tracking Wall Street's overnight gain.