Asian shares rose on Tuesday morning after China pledged to make renewed efforts to boost its economy on Monday, while investors pinned hope on more clarity ahead of a number of central bank meetings.

Japan's household spending grew for a second straight month in July despite a resurgence in COVID-19 cases, but inflationary pressures from the yen's slump to a 24-year-low have cast doubt over a revival in consumption.

Japan's real wages extended their slide to a fourth straight month in July, government data showed on Tuesday, as the biggest jump in consumer prices in more than seven years outpaced a much more modest gain in nominal wages.

Euro zone retail sales rose in July, but by less than expected because of a continued slump in demand for non-food products, data form the EU's statistics office Eurostat showed on Monday.

Britain's economy ended August on a much weaker footing than previously thought as overall business activity contracted for the first time since February 2021 in a clear signal of recession, a survey showed on Monday.

Euro zone business activity contracted for a second month in August as demand sank, with customers wary of the deepening cost of living crisis and gloomy economic outlook curtailing their purchases, a survey showed.