Asian stocks fell, dragged by technology names after lower-than-expected profits from Samsung Electronics Co. and a decline in U.S. technology bellwethers. Japanese stocks and the yen fluctuated after the Bank of Japan left its key policy rate unchanged.
The MSCI Asia Pacific Index slipped 0.6 percent to 167.14 as of 4:47 p.m. in Hong Kong. Japan's Topix index pared its decline to close down 0.8 percent after the BOJ concluded its policy meeting on Tuesday.
The central bank announced policy tweaks including a shift in purchases of exchange-traded funds toward assets linked to the Topix equities index and flexibility in bond operations.
Taiex +0.2%, Kospi index +0.1%, Kospi 200 index +0.1%, S&P/ASX 200 and New Zealand’s S&P/NZX 50 little changed.
Straits Times Index +0.5%, Malaysia’s KLCI +0.5%, Jakarta Composite Index -1.9%, Thailand’s SET Index -0.1%, Philippine Stock Exchange PSEi Index -1.3%, Vietnam’s VN-Index +0.7%.