Global stocks edged up and bond yields clung to recent highs on Tuesday as investors awaited U.S. Federal Reserve Chair Jerome Powell's appearance before the Senate Banking Committee, hoping for clues to the timing of expected policy tightening.

HONG KONG (Reuters) -Cash-strapped Chinese property developer Shimao Group Holdings on Tuesday denied a media report that it has entered into a preliminary agreement to sell a Shanghai plaza, but said it was in talks with potential buyers to sell some properties.

TOKYO (Reuters) -Nearly 85% of the companies listed on the top section of the Tokyo Stock Exchange will be permitted on its new "prime" market in an April rebranding, the bourse said on Tuesday, potentially diluting its goal of creating a more prestigious main board.

For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets to the U.S. firm's rival Reliance Industries - with no end in sight.

TOKYO (Reuters) -Japanese households' inflation expectations have risen to a more than two-year high, a quarterly survey showed on Tuesday, a sign the rising cost of living was starting to change public perceptions about future price moves.

Asian equities and the dollar struggled to find direction on Tuesday as investors awaited Federal Reserve Chair Jerome Powell's appearance before the Senate Banking Committee, hoping for clues to the timing of expected policy tightening.