Asia-Pacific Markets Mostly Up as Investors Eye Fed Decision and Regional Tensions

Investors in the Asia-Pacific region are keeping a close watch on the United States Federal Reserve's upcoming monetary policy decision and the escalating conflict between India and Pakistan, leading to mostly higher stock market indexes on Wednesday.

Market Movements Across the Region

Japan's Nikkei 225 experienced a slight decline of 0.12% at 4:14 am CET, as the US dollar strengthened by 0.52% against the yen, trading at ¥143.14700. Meanwhile, South Korea's Kospi saw an increase of 0.32% at 4:15 am CET, and Australia's S&P/ASX 200 grew by 0.16% at 4:16 am CET.

China and Hong Kong Markets Gain

In mainland China, the Shanghai Composite advanced by 0.53% at 4:02 am CET, with the Shenzhen Composite gaining 0.73%. Hong Kong's Hang Seng index made a significant jump, rising by 1.43% or 323 points at 4:18 am CET.