Tokyo, Japan (BBN)-Asian shares were mixed on Wednesday as investors remained cautious over fears of fresh terror attacks in Europe.
US shares lost earlier gains after a football game in Germany was called off following a bomb threat just two hours before it was due to start, reports BBC.
Investors were also wary ahead of the outcome of the Bank of Japan’s two-day policy meeting that started on Wednesday after negative growth data.
The benchmark Nikkei 225 index was up 0.8 per cent to 19,786.39 points.
The Japanese economy fell into another recession in the third quarter, government data showed on Monday.
Economists are expecting more stimulus from the government and central bank to boost growth, but most do not expect new measures to be announced this week.
Meanwhile, Toshiba shares fell 0.5 per cent after local media reported that the Japanese securities watchdog is likely to recommend a $60m (£39m) fine for the electronics maker for inflating its profits over the past seven years.
Chinese shares traded flat with the Shanghai Composite at 3,604.07 points, while Hong Kong’s Hang Seng index was up 0.1 per cent at 22,286.21.
Government data that showed home prices had stabilised in September after more than a year of declines had little impact on the markets.
New home prices rose 0.1 per cent in October from a year ago, after a 0.9 per cent drop in September.
In Australia, the S&P/ASX 200 index was down 0.4 per cent to 5,095.80 after data showed that wage growth remained at its slowest pace in at least 16 years in the third quarter.
Annual wage growth held at 2.3 per cent, matching the lowest reading since the Australian Bureau of Statistics started compiling the data in 1998.
South Korea’s benchmark Kospi index was up 0.4 per cent to 1,970.75.