SINGAPORE — Asia-Pacific markets rose on Tuesday as investors navigated the changing situation in Russia and Ukraine.

Japan’s Nikkei 225 gained 1.36%, while the Topix advanced 0.92%.

The S&P/ASX 200 in Australia was up 1.24%. The Reserve Bank of Australia is set to meet on Tuesday, but is only expected to raise rates in the third quarter, according to a Reuters poll.

Elsewhere, South Korea markets are closed for a holiday on Tuesday.

On the earnings front, Chinese tech giant Baidu is expected to announce its fourth-quarter results late in Asia.

China’s official manufacturing Purchasing Managers’ Index (PMI) and Caixin/Markit Manufacturing PMI will also be released Tuesday.

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