Asia stocks mixed; Japan’s first quarter GDP data released

SINGAPORE — Stocks in Asia Pacific were mixed on Wednesday morning following comments from U.S. Federal Reserve Chairman Jerome Powell, who said he was committed to raising rates until inflation subsides. The Nikkei 225 in Japan rose 0.7% while the Topix index traded up 0.67%. Japan’s economy shrank 1% on an annualized basis in January-March …

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