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Asia stocks hope for calmer China markets, wary of Fed

From reuters.com

Asian shares attempted a rebound on Wednesday on hopes that Beijing could stem the rout in its markets without damage to the economy, though caution was the watchword ahead of a policy decision from the U.S. Federal Reserve. Australia's main index .AXJO rose 0.9 percent in early trade, while Japan's Nikkei .N225 flitted in and out of positive territory. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS firmed 0.5 percent. Sentiment was soothed a little when Chinese regulators said they were prepared to buy shares to stabilize stocks and the central bank hinted at further easing. Yet investors ... (full story)

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