Asia mostly lower on Fed policy tightening fears - Breaking The News
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Asia mostly lower on Fed policy tightening fears

EPA-EFE/JEON HEON-KYUN

Major stock indexes in the Asia-Pacific region traded mostly with losses on Thursday as the attention turned to the latest United States Federal Reserve minutes, where the central bank hinted that interest rates may stay higher for longer if needed.

Meanwhile, S&P Global unveiled that Japan's private sector output increased in May.

In mainland China, the Shanghai Composite lost 1.06% at 7:00 am CET, while the Shenzhen Composite declined 1.09% a minute later. At 7:15 am CET, while Hong Kong's Hang Seng dipped 1.60%, South Korea's Kospi Composite jumped 0.15%.

At the close, Australia's S&P/ASX 200 decreased 0.49% and Japan's Nikkei 225 gained 1.22%. The dollar traded flat compared to the yen at 7:19 am CET, selling for 156.74700.

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