Asian shares slipped from six-month highs as investors took profits ahead of a policy decision by the U.S. Federal Reserve which is expected to shed more light on its interest rate plans for the rest of the year.
MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent, led by losses in Australia and South Korea.
Japan’s Nikkei was little changed while mainland Chinese shares fell 0.5 percent.
Wall Street shares were narrowly mixed on Tuesday, with the S&P 500 losing 0.01 percent and the Nasdaq adding 0.12 percent.[.N]
Some market players said selling was triggered by a report of U.S. concerns that China is pushing back against American demands in trade talks.