Global markets today, July 22 -- Asia-Pacific markets climbed on Tuesday, tracking overnight gains on Wall Street where major indexes reached record highs, as investors evaluated strong corporate earnings despite ongoing tariff concerns.

Japan's markets opened higher on Tuesday following a weekend where the ruling party lost its upper house majority. In early trading, the Nikkei 225 climbed 1.12 per cent to reach 40,254.18 at 9:17 a.m. local time (8:17 p.m. ET Monday), while the broader Topix index rose 0.96 per cent to 2,861.63.

In South Korea, the Kospi edged higher by 0.1 per cent, and the tech-heavy Kosdaq gained 0.7 per cent. Meanwhile, Australia's S&P/ASX 200 index advanced 0.54 per cent.

The S&P 500 and Nasdaq closed at record h...