Asian stocks mixed as US inflation data looms ahead

Asian stocks showed mixed results as investors awaited key U.S. inflation data that could impact Federal Reserve rate cuts. The Nikkei 225 rose 0.1%, while the Kospi gained 0.2% amid political turmoil in South Korea. Wall Street’s recent performance was buoyed by lower-than-expected wholesale inflation, although concerns about persistent inflation and potential Fed actions have kept markets volatile.

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