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Asian shares were mixed in early trading Wednesday as investors pondered the latest volley of tariff measures and threats between the US and China.
Japan's benchmark Nikkei 225 dipped 0.1 per cent to 21,271.03 and South Korea's Kospi slipped 0.4 per cent to 2,432.83. Hong Kong's Hang Seng edged 0.1 per cent higher to 30,198.18.
The Shanghai Composite added 0.6 per cent to 3,154.88. Australia's S&P/ASX 200 edged 0.1 per cent lower to 5,745.60. Shares fell in Singapore, reports AP.
US stocks ended higher after a late rally. The S&P 500 index rose 1.3 per cent to 2,614.45. It dropped 2.2 per cent a day earlier. The Dow Jones industrial average rose 1.6 per cent to 24,033.36.
The Nasdaq composite climbed 1.0 per cent to 6,941.28.
The dollar slipped to 106.49 yen from 106.62 yen in late trading Tuesday. The euro rose to $1.2283 from $1.2272.
Oil's rally fizzled. A barrel of US crude lost 18 cents to $63.33 in electronic trading on the New York Mercantile Exchange. The contract gained 50 cents to settle at $63.51 on Tuesday.
Brent crude, used to price international oils, fell 21 cents to $67.91 a barrel in London.