Asia
Hong Kong Stocks Advance at Open Ahead of US Fed Decision
Hong Kong stocks opened higher on Wednesday as investors looked ahead to the U.S. Federal Reserve's policy decision.The Hang Seng Index rose 0.7%, or 176.31 points, to 25,487.16, while the Hang Seng China Enterprises Index gained 0.8%, or 63.78 points, to 8,500.03.The U.S. Federal Reserve is widely expected to keep interest rates unchanged when it concludes its two-day meeting, though Fed funds futures imply a 32% chance of a rate hike.Lower oil prices also helped ease inflation concerns after Washington suspended airstrikes on Iran, with Brent crude falling 5%.
Hang Seng