
Asian shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve as it works to squash the highest inflation in decades.
Japan's benchmark Nikkei 225 dipped 1.4% to finish at 27,313.13. Australia's S&P/ASX 200 dropped 1.6% to 6,700.20. South Korea's Kospi lost 0.9% to 2,347.21. Hong Kong's Hang Seng shed 1.7% to 18,460.71, while the Shanghai Composite slipped 0.2% to 3,117.18.