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Japan's Banks Rise on Capital Hopes
5 hours ago ago from Wall Street Journal
SINGAPORE -- Asian shares were mostly lower Wednesday with some caution ahead of the Federal Reserve's meeting, but banks in Japan surged on the prospect of a more relaxed timetable for the introduction of stricter capital requirements. Japan's Nikkei was up 0.5%, Australia's S&P/ASX 200 was down 0.2%, South Korea's Kospi Composite was 0.3% lower. Hong Kong's Hang Seng Index was 1.1% lower, the Shanghai Composite index was off 0.1% and ...
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