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The Independent UK
The Independent UK
National
Yuri Kageyama

Asian shares moderately higher with focus on inflation data

Copyright 2023 The Associated Press. All rights reserved

Asian shares were mostly higher Wednesday, as investors watched for key inflation data likely to influence the Federal Reserve's stance on interest rates.

Japan's benchmark Nikkei 225 rose 0.7% in afternoon trading to 28,109.17. Australia's S&P/ASX 200 added 0.5% to 7,343.10. South Korea's Kospi edged less than 1 point higher to 2,548.02.

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