Asian shares struggle
Tuesday, 15 September 2015
Asian shares struggled on Tuesday as caution reigned ahead of this week's US Federal Reserve decision on interest rates, while the yen edged higher after the Bank of Japan refrained from any new policy steps. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS erased early gains and fell 0.5 per cent, taking its cue from slumping Chinese shares. The Shanghai Composite Index .SSEC was down 2.4 per cent and the CSI300 index .CSI300 was 2.6 per cent lower. Japan's Nikkei stock index .N225 was up 0.2 per cent in early afternoon trading, sharply paring its morning gains. It was up 1.3 per cent in the morning session, according to Reuters.
--Shuvo--