What do you believe is the single most important factor driving up the cost of living in Nigeria?

Asia-Pacific markets largely fell on Tuesday, tracking losses in the S&P 500 and the Nasdaq overnight, while investors assessed industrial profit data out of China. China's industrial profits from January to July climbed 3.6% year on year, compared to a 3.5% growth between January and June. Hong Kong Hang Seng index rose 0.17%, while the mainland China's CSI 300 dropped 0.61% after the release.

Japan's Nikkei 225 rose 0.47% to close at 38,288.62, while the broad-based Topix gained 0.73% to 2,680.80. The only two major indexes in positive territory. South Korea's Kospi fell 0.32% to close at 2,689.25, while the small cap Kosdaq saw a loss of 0.24% to end at 764.95. Australia's S&P/ASX 200 reversed gains to decline 0.16%, wrapping its trading session at 8,0845. Earlier in the trading day, the index was close to breaching its all-time closing high of 8,114.7, set on Aug. 1.

Stock Chart Icon Stock chart icon

• Read More