Asian shares are mostly higher in muted trading after discouraging U.S. economic data pulled Wall Street stocks lower. Investors are sifting through a slew of corporate earnings reports to assess how businesses may have been affected by U.S. President Donald Trump’s tariffs. Among Japanese companies, automakers Honda and Toyota report fiscal first quarter results this week, as will electronics and entertainment company Sony. Benchmarks declined early Wednesday in Seoul, while gaining in Tokyo, Hong Kong, Shanghai and Sydney. On Wall Street, the S&P 500 fell 0.5% Tuesday. The Dow Jones Industrial Average fell 0.1%, and the Nasdaq composite fell 0.7%.
