Stock market today: Japan rises on GDP data; rest of region shaky
TOKYO (AP) — Asian shares were trading mixed Wednesday as Japan’s benchmark jumped on the news of solid economic growth data, while the rest of the region was mired in uncertainty.
Japan’s benchmark Nikkei 225 gained nearly 0.7% in early trading to 30,039.41. Australia’s S&P/ASX 200 dipped 0.5% to 7,198.90, after a better-than-expected wage increase report. The wage price index rose 3.7% year on year. But that could mean an interest rate hike in coming months, according to some analysts.