Asia markets mostly higher ahead of key U.S. inflation data, yen remains near 34-year lows

News Snapshot:

Japan (NKY:IND) -1.46%. The Japanese yen regained some ground after falling to 34-year lows, with officials from the Ministry of Finance, Bank of Japan, and Financial Services Agency discussing the yen's weakness on Wednesday, with finance minister Shunichi Suzuki warning that "decisive steps" would be taken against excessive currency moves. Traders now look ahead to a raft of economic reports in Japan on Friday, including unemployment, retail sales, and industrial production figures. China (SHCOMP) +0.59%. China's President Xi Jinping met American business leaders in Beijing on Wednesday as the government seeks foreign investors back into the country. The 10-year government...