TOKYO—Asian shares were mixed Thursday after a worrisome report on U.S. inflation that slammed into the bond market and knocked stocks lower on Wall Street. In Japan, where investors are awaiting an economic stimulus package from newly elected Prime Minister Fumio Kishida, the benchmark Nikkei 225 climbed 0.5 percent to 29,255.02. Australia’s S&P/ASX 200 fell 0.6 percent to 7,381.90. South Korea’s Kospi shed 0.4 percent to 2,917.44. Hong Kong’s Hang Seng rose 0.5 percent to 25,116.36, while the Shanghai Composite gained 1.0 percent to 3,527.62. A recent regulatory crackdown in China has weighed on technology issues, but some stocks are recovering as investors decide the selloff may have been overdone. In the U.S., prices for beef, electricity, and other items that consumers paid in October surged from year-ago levels at the fastest overall pace since 1990, raising expectations that the Federal Reserve will have to hike short-term interest rates more …