Asian markets subdued ahead of Fed meeting

Asian markets were mixed in subdued trading Monday, ahead of a meeting by the U.S. Federal Reserve later in the week.

Japan’s Nikkei 225
NIK,
+0.17%
was flat while Hong Kong’s Hang Seng index
HSI,
-0.15%
rose 0.5%. The Shanghai Composite
SHCOMP,
-1.35%
sank 0.6% and South Korea’s Kospi
180721,
-0.17%
slipped 0.3%. Australia’s S&P/ASX 200
XJO,
+0.09%
was little changed, while stocks in Taiwan
Y9999,
-0.04%,
Singapore
STI,
+0.22%,
Malaysia
FBMKLCI,
+0.30%
and Indonesia
JAKIDX,
-0.44%
were a mixed bag.