Tokyo, Japan (BBN)-Japanese shares fell for a second day as investors awaited the outcome of a key Bank of Japan meeting later this week.
The central bank’s past efforts to spur growth have disappointed investors and there’s expectation of more monetary easing from the Thursday meeting, reports BBC.
The Nikkei 225 fell 0.4 per cent to 17,368.69 points.
After losing 6 per cent on Monday, Sony shares slightly recovered, gaining 0.6 per cent in morning trade.
In China, the mainland benchmark Shanghai Composite edged 0.3 per cent higher to 2,956.08 while Hong Kong’s Hang Seng remained flat at 21,312.59.
Weak growth
The Kospi index remained flat at 2,013.43 after South Korea reported its slowest quarter of economic growth in nine months.
Its economy grew by 0.4 per cent in January to March, compared to the previous three months, which was in line with expectations.
On an annual basis, the economy expanded 2.7 per cent.
In Australia, traders were equally cautious, leaving the ASX/200 flat at 5,235.10 points.