Asian stocks waver ahead of Fed decision

Asian markets were off to a weak start Friday as a decision by the U.S. Federal Reserve on interest rates looms, although shares in Hong Kong were headed for their first week of gains in almost two months.

The Hang Seng Index HSI, +1.04%  was on track to gain 4.4% this week, after seven-straight weeks of losses, and the index was last up 0.9%.

Most markets across the region were bucking recent weakness, with the Nikkei Stock Average NIK, +0.11%  headed to finish 2.7% higher this week, while even the volatile Shanghai Composite Index is set to rise 1.2%.

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