Economic news

Asian stocks gain ahead of central bank decisions

Equities in Asia outside of Japan advanced as investors focused on central bank decisions in Europe and U.S. to understand monetary policy directions for next year.

MSCI’s broadest index of Asia-Pacific shares ticked up 0.1 percent.

Japan's Nikkei stock index dipped 0.5 percent amid stronger yen.

Australian shares closed up 0.1 percent. South Korea's Kospi index edged up 0.7 percent.

Hong Kong’s Hang Seng Index gained 1.1 percent and the Shanghai Composite Index advanced 0.3 percent.

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