Asian Markets Mixed Amid Anticipation of Key Economic Data

Asia-Pacific markets showed mixed performance as investors awaited China's key economic policy meeting and U.S. inflation data that could impact Federal Reserve interest rate decisions. Hong Kong's Hang Seng rose, while Japan's Nikkei and Australia's ASX fell. South Korea's Kospi and Kosdaq gained after a budget cut and amid political tensions. In the U.S., major indices declined ahead of the consumer price index report. Meanwhile, Japan's wholesale inflation exceeded expectations, and Nippon Life announced an $8.2 billion acquisition of Resolution Life.