Asian shares mixed as markets await moves by Federal Reserve
CTV
Shares were mixed in Asia on Wednesday as investors awaited the Federal Reserve's latest assessment on the U.S. economy.
Tokyo fell but other major regional benchmarks were mostly higher on Wednesday, trimming early losses.
The Bank of Japan kept its ultra-supportive monetary policy unchanged, as expected.
Investors also are keeping a wary eye on troubled Chinese developer Evergrande, which is struggling to meet debt payments. The company said it plans to make an interest payment Thursday.
Tokyo's Nikkei 225 index lost 0.5% to 29,690.31, while the Shanghai Composite index gained 0.3% to 3,625.32. Australia's S&P/ASX 200 gained 0.6% to 7,319.40. Shares fell 2% in Taiwan and also declined in Singapore. But benchmarks rose in India, Indonesia and Malaysia.
