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Asian markets trade sideways following Wall Street gains

Asian markets traded sideways on Tuesday, after major indexes on Wall Street closed in the green and on headlines out of the UK of a deadly explosion at a concert venue in Manchester. Nineteen people were reported dead following a blast at the Manchester Arena in northern England where US singer Ariana Grande had been performing. The UK police are treating the blast as a terrorism incident. The safe-haven yen climbed after news of the bombing. The dollar was fetching as little as 110.84 yen down from around 111.34 yen earlier. At 9:00 a.m. HK/SIN, the dollar was fetching 111.13 yen.

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