Economic news

Asia equities fall ahead of central bank meetings this week

Asian stocks slid on Tuesday after three consecutive sessions of gains, with markets consolidating ahead of U.S. and European central bank meetings this week.

MSCI’s broadest index of Asia-Pacific lost 0.3 percent, having jumped 2 percent in the three previous sessions.

Japan's Nikkei slipped 0.3 percent, after the index posted its highest close in 25 years on Monday.

The Kospi index dropped 0.4 percent and Australian shares inched up 0.3 percent.

Hong Kong’s Hang Seng Index slumped 0.6 percent. The Shanghai Composite Index tumbled 1.2 percent.

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