Most Asian stock markets rose slightly on Tuesday tracking a strong overnight lead-in from Wall Street, although gains were limited as traders awaited key U.S. inflation data and the conclusion of a Federal Reserve meeting for more cues on monetary policy.

The dollar was firm on Tuesday leading in to the release of U.S. inflation data and the final Federal Reserve meeting of the year, with investors waiting to update interest rate outlooks.

NanoMalaysia Bhd (NMB), the agency of nanotechnology and advanced solution commercialisation under the Ministry of Science, Technology and Innovation, has signed a memorandum of understanding (MOU) with the Malaysian Rubber Council (MRC) to promote successful uptake and commercialisation of local intellectual properties (IPs) and products developed by Malaysian companies related to the rubber industry.

The Yokohama Rubber Co., has signed a memorandum of understanding (MoU) with PT Kirana Megatara Tbk, a natural rubber supplier in Indonesia, to progress the sustainability of rubber in the South East Asian country.

China's auto sales in November dropped 7.9 percent year on year to 2.33 million units, data from the China Association of Automobile Manufacturers showed Friday.

Rating agency Fitch maintained United Kingdom's sovereign debt rating at "AA-" on Friday, citing Prime Minister Rishi Sunak's macroeconomic policy framework, deep capital markets and the sterling's international reserve currency status.