Asia Stocks Mixed after Wall Street rose on strong corporate profit reports

Asian stock markets were mixed Wednesday after Wall Street rose on strong corporate profit reports, the Associated Press reported.
Tokyo advanced while Shanghai and Hong Kong declined. The yen stayed near a two-decade low under 149 to the dollar. Oil prices gained.
The Nikkei 225 in Tokyo gained 0.4% to 27,257.38, while the Shanghai Composite Index lost 0.7% to 3,060.20. The Hang Seng in Hong Kong lost 2% to 16,576.17.
The Kospi in Seoul declined 0.6% to 2,237.44 and Sydney’s S&P-ASX 200 advanced 0.4% to 6,803.80.
India’s Sensex opened up 0.7% at 59,357.90. New Zealand and Southeast Asian markets advanced.
In energy markets, benchmark U.S. crude rose 44 cents to $90.47 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the price basis for international oil trading, advanced 41 cents to $90.44 per barrel in London.
The dollar rose to 149.44 yen from Tuesday’s 149.21 yen. The euro declined to 98.30 cents from 98.50 cents.