Asian stocks subdued ahead of Fed news
SEOUL, South Korea -- Asian stock markets were subdued Wednesday ahead of the outcome of the Federal Reserve's first policy meeting under its new chief.
The Asian heavyweight index, Tokyo's Nikkei 225, was up 0.4 percent to 14,462.52 bouncing back from earlier loss. Australia's S&P/ASX 200 gained 0.2 percent to 5,355.60.
But China's Shanghai Composite Index dropped 0.5 percent to 2,016.05. South Korea's Kospi was down 0.1 percent to 1,937.68 and Hong Kong's Hang Seng shed 0.1 percent to 21,558.84.
The U.S. Federal Reserve ends a two-day policy meeting Wednesday, the first headed by new... read more