Japan's Nikkei rose 0.7%. South Korea Kospi ( rose 0.6%. Australia's S & P / ASX 200 rose 0.3%. Taiwan's Taiex reversed early gains, falling 0.3%. )
Hong Kong's Hang Seng Index ( and ) Shanghai Composite Index ( increased 0.5% and 0.7% respectively. )
Bank of Japan maintained its short interest rate target of -0.1%. It also left its guidance on interest rates unchanged, saying it intends to keep interest rates where they are through at least next spring. But the central bank added that it "won't hesitate" to make adjustments if necessary.
The Federal Reserve's two-day political meeting will also begin Tuesday. The US central bank is much expected to reduce interest rates for the first time since 2008.
Meanwhile, US and China start trade talks in Shanghai. It is the first time top negotiators from the two countries have met in person since their leaders declared a temporary cease-fire at the G20 last month. US Secretary of State Steven Mnuchin and Trade Representative Robert Lighthizer are expected to speak to Chinese Deputy Prime Minister Liu He and other senior officials.
Here are some of the other big gripes on Asian markets at 11:30 in Hong Kong. 
- Tencent ( rose 1% in Hong Kong. The Chinese social media and gaming giant announced a partnership on Monday with ) Qualcomm (. Companies expect to "optimize" Tencent games on devices that use Qualcomm chips, including efforts. Individually, Tencent announced it would renew a five-year partnership with the NBA. )
- Chinese film and television production company Beijing Enlight Media advanced 2%, building on the gains on Monday. The stock got a boost after the animated film "Nezha" broke local records for the opening of an animated film. According to the company, it provided $ 102 million in ticket revenue in the first three days.
- The Japanese yen strengthened against the US dollar, returning the weakness earlier in the morning. It was trading at $ 108.7500 per dollar following the Bank of Japan's political announcement.
- Hong Kong is entitled to announce its see cum-quarter GDP figures later this week. Analysts expect the local economy to be harmed by the city's massive protests. On Monday, Hong Kong shares closed 1% lower.
- Oil prices rose in early Asian trade. WTI crude oil and Brent crude oil were both up, trading at $ 57.18 per barrel and $ 63.91 per barrel, respectively.
- US stocks ended mixed Monday. The Dow Jones industrial average was up 0.1%. But the S&P 500 index lost 0.2% and the Nasdaq Composite Index fell 0.4%.