"Global Markets React: Asian Stocks Mixed as US Futures Dip and Japan Stocks Advance"

Japanese and South Korean stocks rose as trading resumed after a holiday, while US equity futures edged lower ahead of inflation data due later Tuesday. South Korea’s benchmark Kospi index was on course to erase year-to-date losses as expectations for a regulatory push to boost the local stock market continue. Markets are closed in China, Hong Kong, Taiwan, and Vietnam for Lunar New Year holidays.