The dollar touched a six-month high against the yen on Tuesday as expectations grew that U.S. rates will remain higher for longer and as the debt ceiling impasse kept risk sentiment fragile.

Most Asian stocks were mixed on Monday as optimism over a potential improvement in U.S.-China relations was largely offset by uncertainty over raising the U.S. debt ceiling as negotiations to avoid a default continued.

Economists have pushed back their expectations of when the Federal Reserve will cut interest rates and have raised their forecasts for inflation and the strength of the job market, a survey released on Monday showed.

Thailand's unemployment rate hit a three-year low in the first quarter, the state planning agency said on Monday, declining to 1.05% from 1.15% in the last three months of 2022 as recovery in the crucial tourism industry strengthened.

Japan core machinery orders fell in March for a second straight month, indicating firms' cautious about capital spending amid worries about the global economic slowdown.

China's exports to North Korea soared in April from a year earlier, with wigs and fertiliser among major shipments, Chinese customs data showed on Saturday.