Asia-Pacific Declines

Shares in Asia-Pacific were lower on Wednesday as investors looked ahead to the U.S. Federal Reserve’s interest rate decision expected later stateside.

Markets in Japan and Shanghai were shuttered for holiday.

The Japanese yen traded at 130.06 per U.S. dollar, having traded around the 130 level for much of the week so far.

The Hang Seng index in Hong Kong lost 232.37 points, or 1.1%, to 20,869.52.

Shares of Chinese tech firms listed in the city fell, with Tencent down 3.1% and Alibaba declining 3.7%.

The Australian dollar was at $0.7112, still above levels below $0.708 seen earlier in the week.

In other markets

In Korea, the Kospi index handed over 2.89 points, or 0.1%, to 2,677.57

In Taiwan, the Taiex gained 66.93 points, or 0.4%, to 16,565.83.

In Singapore, the Straits Times Index dipped 7.63 points, or 0.2%, to 3,349.27.

In New Zealand, the NZX 50 moved downward 0.71 points to 11,675.21.

In Australia, the ASX 200 fell 11.51 points, or 0.2%, to 7,304.68.