India, Dec. 3 -- Most of Asian equity benchmarks are trading in red on Tuesday, as investors' sentiment got dampened after the release of sluggish US manufacturing figures, which ignited worries of global economic slowdown. Moreover, announced plans of US President Donald Trump to reinstate tariffs on metal imports from Brazil and Argentina also weighed on the markets. Japan's Nikkei index in red in tandem with negative cues from US stock markets, and as safe-haven yen firmed. Japanese shares had rallied to reach their highest level in nearly 14 months on Monday. Among the Asian markets, South Korea, Singapore, Hong Kong, Indonesia, Shanghai, and Malaysia are in negative trend. However, Taiwan was trading higher.

Nikkei 225 down 145.12 poi...