Asian stocks mixed ahead of US inflation data

Asian stocks are mixed ahead of U.S. inflation data offering a glimpse at how the world’s largest economy is recovering

SINGAPORE -- Asian stocks were mixed Wednesday ahead of U.S. inflation data offering a glimpse at how the world’s largest economy is recovering. The Nikkei 225 in Tokyo rose 0.7% to 28,070.51 and the Shanghai Composite Index added 0.1% to 3,532.93. The Kospi in Seoul, however, gave up 0.8% to 3,217.65. Hong Kong's Hang Seng fell under 0.1% to 26,599.13 in afternoon trading. Sydney's S&P-ASX 200 advanced 0.3% to 7,584.30. The benchmark in Malaysia rose but those in India, Singapore and Indonesia fell.