MANILA – Asian shares were mixed on Friday after Wall Street fell to a fifth straight loss , hurt by losses for Walmart and worries over coming cuts to interest rates.

Traders remain cautious, looking for cues about U.S. monetary policy from a meeting of central bankers in Jackson Hole, Wyoming, where Federal Reserve chair Jerome Powell is due to speak on Friday

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In Tokyo, the Nikkei 225 shed early gains, slipping 0.1% to 42,597.94 after Japan’s core inflation rate slowed to 3.1% in July, from 3.3% in June.

ING Economics, in a commentary, said the rate was broadly in line with market consensus. Inflation staying above 3% raises chances of a rate hike as soon as October, it said.

In Chinese markets, Hong Kong's Hang Seng index rose 0.4% to 25,193.50. The Shanghai

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