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The Independent UK
The Independent UK
National
Yuri Kageyama

Asian shares mixed ahead of inflation, earnings reports

Copyright 2022 The Associated Press. All rights reserved.

Asian shares were mixed Wednesday following another volatile day on Wall Street, as traders braced for updates on inflation and corporate earnings.

Benchmarks fell in Tokyo, Hong Kong and Taiwan but rose in Shanghai and Sydney. In currency trading, the Japanese yen declined to a 24-year low against the U.S. dollar at 146 yen-levels, raising expectations of another intervention by Tokyo to prop up the yen.

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