Fourth of July

Asian shares mixed, Australia surges ahead of rate decision

Australian shares jumped Tuesday as investors awaited an interest rate decision by the central bank, while other Asian shares were mixed Tuesday ahead of a U.S. trading holiday.

KEEPING SCORE: Australia's S&P/ASX surged 1.8 percent to 5,785.10 while Japan's benchmark Nikkei 225 index added 0.4 percent to 20,141.21. South Korea's Kospi slipped 0.2 percent to 2,390.77 and Hong Kong's Hang Seng slipped 0.2 percent to 25,730.80. The Shanghai Composite Index lost 0.4 percent to 3,184.29. Taiwan's benchmark fell and indexes in Southeast Asia were mixed.

DECISION DOWN UNDER: Investors are positioning themselves ahead of the release of the latest interest rate decisions by the...