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Asian shares mostly higher before Fed meeting, Biden speech

South Korea Japan Hong Kong Australia city Tokyo city Shanghai president vaccine Government Coronavirus
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TOKYO – Asian shares were mostly moderately higher in listless trading Wednesday, as investors watched for news out of a Federal Reserve meeting.

Japan's Nikkei 225 added 0.2% to 29,053.97 in afternoon trading, while South Korea's Kospi slipped 1.0% to 3,183.30. Australia's S&P/ASX 200 added 0.4% to 7,064.70.

Hong Kong's Hang Seng edged up 0.2% to 29,008.47 while the Shanghai Composite rose 0.1% to 3,446.41. Analysts said Asian investors have adopted a wait-and-see stance ahead of the Fed meeting. “But the wider point and the bigger driver of markets, as equities shuffled nervously ahead of the FOMC meeting today, is arguably just how much restraint the Fed will exercise,” said Venkateswaran Lavanya at Mizuho Bank.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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