Companies have traditionally given staffers lai see packets on the first working day of the Lunar New Year As Hong Kong's workers return to their desks on Monday after a long holiday break, many large banks and financial firms are offering them millions of dollars in lai see,

Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year holiday. Japan's Nikkei 225 futures pointed to a lower open for the market. The futures contract in Chicago was at 39,150 and its counterpart in Osaka last traded at 39,050 compared to the index's previous close of 39,565.8.

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Hong Kong’s transport minister has expressed deep concern over flight cancellations by Greater Bay Airlines, with the carrier blaming the issue on delays in the delivery of newly ordered aircraft and the need to conduct inspections on existing planes.

Japan's Nikkei 225 futures pointed to a stronger open for the market. The futures contract in Chicago is currently at 40,260 and its counterpart in Osaka last traded at 40,480 compared to the index's previous close of 39,931.98.

Economists polled by Reuters expect Australia’s inflation to rise 2.5% in the 12 months to the December quarter, from 2.8% in the previous year.

After a six-year break, Hong Kong Airlines has resumed nonstop services between Hong Kong and Australia's Gold Coast.

Australian markets climbed Thursday, breaking ranks with Wall Street that fell overnight as the Federal Reserve kept interest rates unchanged. Several Asia-Pacific markets were closed for the Lunar New Year holiday. The S&P/ASX 200 started the day up 0.22%, extending its gains from the previous session, ahead of trade data release.

Several data points are expected out of Japan later today, including CPI for January and unemployment and retail sales figures for December.

AirAsia Philippines said it is celebrating the Chinese New Year with discounted flights as low as P122 one-way base fare for select destinations.

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STARLUX is launching enhanced inflight connectivity with Viasat's multi-orbit and ViaSat-3-ready hardware, marking an expanded relationship.