Market Report - Asia Edges Up

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In today’s market report… Asian shares were largely unchanged ahead of a congressional testimony by Federal Reserve chief Ben Bernanke, expected to shed light on the U.S. rate outlook.

After sharp gains Monday, the Nikkei dipped slightly with Toyota Motor slipping after news it faces a criminal investigation on its handling of safety problems.

President Akio Toyoda will have his own congressional testimony on Wednesday.

Chinese shares declined on lingering bank worries, while Ping An Insurance fell sharply in Shanghai on expected block share sales.

A hike in bank reserve requirements takes effect Thursday.

Hong Kong-listed China Unicom, the Mainland's No.2 mobile carrier, declined after saying it had joined a group bidding for Nigeria's former telecoms monopoly.

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