In China, where Hong Kong's Hang Seng Index climbed 0.7% and the mainland's Shanghai Composite Index dropped 0.2%, investors were digesting a string of earnings reports from large Chinese companies.

WSJ: Cyprus Bailout Relief Lifts Asian Shares

In China, where Hong Kong's Hang Seng Index climbed 0.6% to 22251.15 and the mainland's Shanghai Composite Index ended down 0.1% at 2326.71, investors were digesting a string of earnings reports from large Chinese companies.

WSJ: Cyprus Bailout Relief Lifts Asian Shares

The Shanghai Composite Index slipped 0.4% in the mainland and Hong Kong's Hang Seng Index was flat.

WSJ: Nikkei Outperforms Asia as Yen Slides