Asian markets lower

Asian markets were mostly lower in quiet trade on Wednesday as dealers remained on the sidelines, waiting for a US Federal Reserve announcement on interest rates.
Hong Kong lost 0.93 percent and Shanghai 0.59 percent as investors sold up due to concerns that China's government will introduce measures to prevent house prices rising sharply.
Sydney lost 0.25 percent after data showed the economy grew at a much slower rate than expected in the third quarter, while Taipei was hit by caution ahead of key Taiwan-China talks next week.
However, Tokyo's Nikkei was 0.93 percent better off after global regulators said they would give banks more time before introducing new capital requirement rules.
Eyes were on a meeting of the Fed's rate setting committee, which ends later Wednesday, for any clues to the state of the world's biggest economy.

TOKYO: Up 0.93 percent. The Nikkei-225 rose 93.93 points to 10,177.41.
The index is at its highest level since October 27.
Investors welcomed a report that global regulators are likely to give banks more time to adapt to stricter capital requirements, reducing the need for them to sell new shares to raise funds.
Mizuho Financial Group closed up 15.2 percent at 182 yen, while Sumitomo Mitsui Financial Group soared 14.3 percent at 3,030 yen and Mitsubishi UFJ Financial Group rose 4.9 percent to 470 yen.
Gains were capped, however, ahead of the Fed meeting.
Uncertainty about the outlook for the yen reduced exporters' gains.
Sony climbed 0.2 percent to 2,595 yen. Canon rose 0.3 percent to 3,740 yen and Honda finished up 0.7 percent at 3,050 yen.
HONG KONG: Down 0.93 percent. The Hang Seng Index shed 202.18 points to 21,611.74.
SHANGHAI: Down 0.59 percent. The Shanghai Composite Index, which covers both A and B shares, was down 19.25 points at 3,255.21.
Property developers remained weak after Beijing said it would boost the supply of affordable public housing and redevelop slum areas to rein in an overly rapid increase in property prices.
China Vanke ended down 0.4 percent at 11.35 yuan, and Financial Street Holding dropped 1.6 percent to 12.99 yuan.
China Shipbuilding Industry, which raised 14.72 billion yuan last week from an IPO, had a weaker-than-expected debut on signs demand for new listings was waning due to high valuations and rising supply.
It ended up 12.5 percent from its IPO price at 8.30 yuan.
Most of the 28 companies on the Nasdaq-style ChiNext board ended down, with Wuhan Zhongyuan Huadian Science and Technology Co Ltd off 6.13 percent at 52.72.
SEOUL: Flat. The KOSPI edged down 1.61 points to 1,664.24.
TAIPEI: Down 0.72 percent. The weighted index dropped 56.02 points to 7,751.60.
SINGAPORE: Up 0.54 percent. The Straits Times Index rose 15.23 points to 2,813.93.
"A lot of people have already closed their books for the year, so trading interest is likely to stay thin," said a trader at a local brokerage.
DBS was up 14 cents to 14.90 and Oversea-Chinese Banking Corp gained 13 cents to 8.69 while United Overseas Bank was unchanged at 19.76.
CapitaLand eased a cent to 4.18 while Singapore Airlines climbed 48 cents to 14.24 and Singapore Telecommunications closed four cents higher at 3.06.
BANGKOK: Up 0.90 percent. The Stock Exchange of Thailand rose 6.37 points to 716.01.
KUALA LUMPUR: Down 0.14 percent. The Kuala Lumpur Composite Index shed 1.78 points to 1,269.03.
Financial firm HLFG climbed 3.0 percent to 7.57 ringgit as gaming giant Genting rose 1.0 percent to 7.19 ringgit.
JAKARTA: Up 1.11 percent. The Jakarta Composite Index gained 27.80 points to 2,522.54.
MANILA: Down 0.47 percent. The index fell 14.20 points to 3,032.37.
MUMBAI: Up 0.21 percent. The 30-share Sensex rose 35.61 points to 16,912.77.