Asian markets were mixed on Wednesday despite record closing highs on Wall Street, with Tokyo stocks ticking higher after the government delayed a planned sales tax hike as Japan tipped back into recession.Hong Kong slipped 0.32 per cent, Sydney dipped 0.36 per cent and Seoul was down 0.24 per cent while Shanghai traded flat.
But Tokyo gained 0.23 per cent after Prime Minister Shinzo Abe on Tuesday called for early elections to seek a mandate for delaying next year's sales tax increase and his economic policies.
"Abe's actions were in line with market expectations, which had been building for several days," said Eiji Kinouchi, chief technical strategist at Daiwa Securities.
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