A view shows oil terminal Kozmino near Nakhodka - Oil prices fell in early Asian trade on Thursday after falling by the most in a month in the previous session on U.S. interest rate hike expectations, and ahead of a steer from other central banks on their rate outlooks.
The U.S. Federal Reserve left interest rates unchanged on Thursday, but stiffened its hawkish stance with a further rate increase projected by the end of the year, which could dampen economic growth and fuel demand. On Thursday, the central banks of Indonesia, the Philippines and Taiwan are widely expected to keep key lending rates on hold, so investors will be looking to policy statements for clues on future moves.
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Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decisionTOKYO (AP) — Asian shares were mostly lower in cautious trading Tuesday ahead of the Federal Reserve’s upcoming decision on interest rates. Japan's benchmark Nikkei 225 dropped 1.1% to 33,160.03. Australia's S&P/ASX 200 lost 0.5% to 7,196.70. South Korea's Kospi edged down 0.7% to 2,556.42. Hong Kong's Hang Seng slipped 0.2% to 17,893.99, while the Shanghai Composite fell 0.1% to 3,122.21. The Fed is due to wrap up a two-day meeting on Wednesday. Japan's central bank will meet Thursday-Friday as
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