Asia-Pacific shares traded mixed on Wednesday, taking the lead from Wall Street's struggle for direction as China and Hong Kong markets remain closed for the Lunar New Year holidays.
In South Korea, the Kospi rose 1.39% to close at 2,428.57, while the Kosdaq climbed 2% to end at 732.35. Japan's Nikkei 225 added 0.35% to 27,395.01 and the Topix inched up 0.39% to 1,980.69.
Australia's S&P/ASX 200 declined 0.3% to 7,468.3 as the country's inflation hits a post-1990 peak.
Markets in China and Hong Kong are closed for a holiday.
New Zealand's fourth quarter inflation reading rose 1.4% quarter-on-quarter.
Overnight in the U.S., major indexes traded sideways with the Dow Jones Industrial Average closed on a third day of gains, while the S&P 500 and Nasdaq Composite took a dip.