Just don’t mention the ‘T’ word By Reuters – Investing.com

Just don’t mention the ‘T’ word By Reuters – Investing.com

By Stanley White

TOKYO (Reuters) - Asian shares struggled to make firm gains on Wednesday as already high valuations discouraged investors from buying equities ahead of a closely-watched U.S. Federal Reserve meeting.

MSCI's broadest index of Asia-Pacific shares outside Japan declined 0.12%. Australian stocks rose 0.47%, but shares in China slipped 0.06%. South Korean stocks fell 0.99%. Stocks in Tokyo edged 0.46% higher.