TOKYO – Asian shares were mixed Tuesday, cheered by the expected passage of the U.S. stimulus package, although that optimism was tempered by worries about inflation and the coronavirus pandemic.
Japan's benchmark Nikkei 225 added nearly 1.0% to finish at 29,027.94. South Korea's Kospi slipped 0.7% to 2,976.12. Australia's S&P/ASX 200 added 0.5% to 6,771.20.
Hong Kong's Hang Seng edged up 0.2% to 28,584.96, while the Shanghai Composite slipped 1.8% to 3,359.26. Jingyi Pan, senior market strategist with IG in Singapore, said Asian markets were weighing “the impact of a global recovery alongside the prospect of an accelerating climb in U.S.