This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-34241606
The article has changed 7 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Asian shares mixed as US Federal Reserve meeting looms | |
(about 1 hour later) | |
Asian shares traded mixed, despite Friday's positive finish on Wall Street, as investors remained cautious in advance of the Federal Reserve meeting this week. | |
All eyes are on the US policy meeting, which ends with a decision on Thursday on whether to raise interest rates for the first time in almost a decade. | All eyes are on the US policy meeting, which ends with a decision on Thursday on whether to raise interest rates for the first time in almost a decade. |
Economists are split on whether the long-awaited move will happen. | Economists are split on whether the long-awaited move will happen. |
Japan's benchmark Nikkei 225 index was down 0.1% to 18,240.26 points. | |
Japanese investors are also looking ahead to the conclusion of the Bank of Japan's two-day policy meeting on Tuesday, where they are expected to maintain their easing programme. | |
China shares up | |
In China, investors ignored a raft of Chinese economic data over the weekend that showed new signs of the slowdown in the world's second-largest economy. | |
Growth in both fixed-asset investment, up 10.9% in August from a year ago, and factory output, at 6.1%, came in below expectations. | Growth in both fixed-asset investment, up 10.9% in August from a year ago, and factory output, at 6.1%, came in below expectations. |
The Shanghai Composite was up 0.6% to 3,220.57, while Hong Kong's Hang Seng index was higher by 0.8% to 21,679.57 in early trade. | |
In Australia, the benchmark S&P/ASX 200 was up 0.5% to 5,094.30 points. | |
Shares in Oil Search were down 1.2% after it rejected an $8bn (£5.2bn) takeover proposal from Australia's biggest energy firm Woodside Petroleum, saying the offer was too cheap. | |
South Korea's benchmark Kospi was down 0.2% to 1,937.35. |