Most Asian stocks moved in a flat-to-low range on Tuesday amid persistent concerns over slowing economic growth in China, while Indian stocks eyed new highs on the back of a positive earnings season. 

Indonesia recorded a surprisingly large trade surplus of $3.46 billion in June, as imports plunged more than expected and exports also remained weak, official data showed on Monday, adding to the case for possible rate cuts before year-end.

China's economy grew at a frail pace in the second quarter, although the annual figure was flattered by base effects, data showed on Monday, with overall momentum faltering rapidly due to weakening demand at home and abroad.

U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing inflation down and she did not expect the U.S. economy to enter into a recession.

The world economy is in a difficult place but it is not destined to stay there, World Bank President Ajay Banga said on Monday.

Oil prices rose on Tuesday, steadying from recent losses as markets bet that worsening growth in China will invite more stimulus measures from the government, while focus also turned to readings on U.S. crude supplies.