STOCKS | Asian Shares Mixed as Markets Watch US-Iran Deal, Hormuz Reopening, Fed Decision

Asian markets were mixed early Wednesday as investors assessed the US-Iran deal and monitored peace talks and the planned reopening of the Strait of Hormuz. Oil prices edged up, according to RTHK, after plunging more than 5% a day earlier on optimism for a lasting agreement following more than three months of conflict. In Hong Kong, the Hang Seng Index added 1.9 points, or 0.01%, to open at 24,495. Japan's Nikkei rose 0.6% to 69,823 after recouping early losses, while the broader Topix gained 0.8% to 4,024 as investors awaited the US Federal Reserve's policy decision. South Korea's Kospi fell 30 points, or 0.35%, to 8,696, tracking overnight losses in US technology stocks, though chipmaker SK Hynix rose to a record high.