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Asia Pacific stocks close
Asia’s benchmark stock index swung between gains and losses after Japanese machinery orders accelerated less than expected and as investors await the outcome of the Federal Reserve’s meeting next week.
Nikkei 225 14,387.27 -37.80 -0.26%
Hang Seng 22,932.77 -4.37 -0.02%
S&P/ASX 200 5,242.54 +8.15 +0.16%
Shanghai Composite 2,255.6 +14.34 +0.64%
Toyota Motor Corp. dropped 1.1 percent, pacing losses among Japanese exporters as the yen rose for a second day.
Sino Biopharmaceutical Ltd. tumbled 16 percent, prompting a trading suspension, after a report by state-run Chinese Central Television alleged bribery at a unit of the medicine maker.
Qantas Airways Ltd., Australia’s largest carrier, climbed 2.9 percent after the Australian Financial Review reported it may share its Sydney terminal with unit Jetstar Airways.
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