India, Feb. 4 -- Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders are cautious and are concerns about a global trade war after President Donald Trump decided to impose tariffs on imports from China, Mexico and Canada, with the trading partners retaliating with counter tariffs. Asian markets closed mostly higher on Tuesday.

Positive sentiment was generated in reaction to a report showing job openings in the U.S. fell by much more than expected in December, leading to some optimism about the outlook for interest rates.

Australian shares are trading notably higher on Wednesday, extending the gains in the previous session, following the broadly positive cues from Wa...