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Summary Early gains were pared as caution set in due to a lack of concrete evidence of a plan.
Asian markets were mixed in edgy trade on Wednesday after Wall Street and Europe rallied on hopes that eurozone leaders are close to a solution to the regions debt crisis.But early gains were pared as caution set in due to a lack of concrete evidence of a plan, while dealers also looked ahead to a key vote Thursday in Germany, where MPs will decide on expanding a rescue fund for debt-mired European countries.Tokyo ended flat, edging up 5.70 points to 8,615.65 and Sydney was 0.87 percent, or 34.9 points, higher at 4,039.5.Seoul ended 0.73 percent, or 12.62 points, lower at 1,723.09, a day after surging more than five percent, while Shanghai was 0.74 percent off in the afternoon.And Hong Kong slipped 0.19 percent as profit-takers stepped in after the market soared 4.15 percent in the previous session.There seemed no clear sign of a solution to the crisis, which has sent global markets spiralling downwards and raised fears of another crippling financial crisis.Only France let slip signs of a new plan to resolve the issue, with Prime Minister Francois Fillon saying any announcement would be made after Germanys parliament approves boosting the eurozone rescue fund Thursday.European leaders dithering over the long-running sovereign debt saga has stoked concerns in markets that they lack the will or unity to avert economic disaster.US and European markets finished in positive territory for a second day.
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