Asian shares rose on Wednesday after soft U.S. producer prices data stirred hopes that consumer price inflation would be benign, while the kiwi dollar slumped after its central bank cut rates for the first time since early 2020.
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The Japanese yen and the Nikkei wobbled after Kishida's resignation. The yen was last off 0.2% and the Nikkei rose 0.6%, pulling further away from the lows hit after last week's massive selloff.