Stock market today: Asian shares are mixed and the yen slips against the dollar

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Fumio Kishida,Shigeru Ishiba,Business

Asian shares are mixed after U.S. stocks edged higher toward recent record levels.

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But after a meeting between Ishiba and Bank of Japan Gov. Kazuo Ueda, both officials indicated that the central bank did not view further rate hikes as suitable for the economy at this time. That prompted a flurry of selling of yen. With Shanghai and other markets in China closed for a weeklong holiday, trading has crowded into Hong Kong. Markets in South Korea and Taiwan also were closed. India's Sensex fell 0.7%.

On Wednesday, Wall Street benchmarks ended little changed amid uncertainty over conflict in the Middle East.

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