Asian shares are trading mixed as investors take a wait-and-see attitude stance of earnings reports and possible moves by central banks. Benchmarks fell in Tokyo, Hong Kong and Shanghai, but rose moderately in Sydney and Seoul. News that China’s economic growth accelerated in the latest quarter, to 4.5%, did not have much of an impact on share prices. While consumption and retail sales have grown, other indicators, such as industrial output and fixed-asset investments, were weaker and indicate an uneven recovery. On Wall Street, stock indexes closed little changed following a mixed set of earnings results from big companies. Worries remain about inflation, higher interest rates and a slowing economy.
