Economic news

Review: Asian stocks mixed ahead of Fed meeting

Asian stock were little changed on Wednesday as investors waited for US Federal Reserve decision on its monetary policy after a possible rate hike later today.

Caution was prevalent on the markets, MSCI's broadest index of Asia-Pacific shares has grown slightly, and the Japanese Nikkei added 0.1%.

Shares on the Shanghai Stock Exchange dropped 0.5%, while South Korean Kospi fell by 0.2%.

Photo: REUTERS/Thomas Peter

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