Asian shares mixed, oil jumps 4% after Trump rejects Iran’s response to ceasefire proposal

Asian shares are mixed, with Japan and Hong Kong slipping, while South Korea surges on tech strength. Oil prices jump over 4% above $105 amid concerns over the Strait of Hormuz. Tokyo's Nikkei 225 falls 0.4% after reaching a record high, while South Korea's Kospi gains 4.1% led by tech-related stocks. Hong Kong's Hang Seng falls 0.3% and the Shanghai Composite index climbs 0.9% following China's factory gate prices and export figures