Asia Markets: Asian markets fall ahead of Bank of Japan meeting

Shares in Japan dragged on Asian markets Thursday as investors remained cautious about a potential stimulus package from the country’s government, while in China, worries about a possible clampdown on wealth management products weighed on buying interest.

The Nikkei Stock Average NIK, -1.13% was down 0.7%, while the Shanghai Composite Index SHCOMP, +0.08% was flitting between positive and negative territory, and the Hang Seng Index HSI, -0.31% was off 0.2%.

South Korea’s Kospi SEU, -0.20% was down 0.4%, but Australia’s S&P ASX 200 XJO, +0.31% rose 0.4%.

“Politicians may have muddied the water for investor sentiment in Japan,” said Gavin Parry, managing director at Hong Kong-based brokerage Parry International Trading Ltd.

>>> Original Source <<<