Asian stock markets are mostly lower on Wednesday, following the mixed cues from Wall Street overnight, as traders are cautious and look ahead to the US Fed's interest rate decision later in the day.
Japan s Nikkei share average
was set for its best January in 26 years, despite a decline for
the benchmark index on Wednesday as chip-sector shares tracked
overnight losses in U.S. peers. .
Japan s Nikkei share average
notched its best January in 26 years after shaking off early
chip-led declines on Wednesday. The Nikkei recovered from losses as steep as 1% in
early trading.
New Japanese Ambassador to China Kenji Kanasugi met Tuesday with a compatriot who has been detained in Beijing on suspicion of espionage for the first time since the envoy assumed duties last month, a Japanese government source said. Kanasugi's move followed a meeting in November between his predecessor Hideo Tarumi…