Asian stocks: Shares trade mixed today; Shanghai up 0.2%, Nikkei slips 0.15%

Asian markets mostly fell on Thursday after a volatile session on Wall Street, as investors opted a cautious stance over fresh trade tensions and renewed concerns over US President Donald Trump’s strained ties with Federal Reserve Chair Jerome Powell.Shanghai saw a marginal rise of 0.2% or 0.56 points, reaching 3,504. Shenzhen also jumped 0.77% or 82.27 points, trading at 10,803. Japan’s Nikkei, meanwhile, plunged 0.15% or 60 points, to 39,602. Hong Kong’s HSI slumped to 24,485, shredding 32 points or 0.13%.South Korea’s Kospi also fell to 3,174, losing 11 points or 0.37% at 9:05 AM IST.Traders across the region remained cautious after reports emerged that Trump had floated the idea of sacking Powell during a closed-door meeting with lawmakers. The suggestion briefly shook US markets, raising concerns over the central bank’s independence. While Trump later played down the notion, saying he did not rule anything out but…