BEIJING -- Chinese stocks closed mixed on Wednesday, with the benchmark Shanghai Composite Index down 0.19 percent, at 2,976.28 points.

The Shenzhen Component Index closed 0.05 percent higher at 9,122.43 points.

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SINGAPORE -- Singapore shares closed 0.09 percent lower on Wednesday, after the U.S. Federal Reserve dialed back hopes of rate cuts.

Maybank-Kim Eng Retail Research said technically, the Strait Times Index remains overbought with immediate resistance at 3,330 points, followed by 3,370 points and downside support at 3,240 points.

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KUALA LUMPUR -- The Malaysian stock market ended lower here on Wednesday.

The Kuala Lumpur Composite Index (KLCI) was at 1.674.49, down 2.12 points or 0.13 percent, and the Emas was at 11,792.65, down 14.57 points or 0.12 percent.

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HONG KONG -- Hong Kong stocks closed up 36.00 points, or 0.13 percent, to 28,221.98 points on Wednesday.

The benchmark Hang Seng Index traded between 27,985.98 and 28,267.98. Turnover totaled 64.83 billion Hong Kong dollars (about 8.30 billion U.S. dollars).

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MANILA -- Philippine shares closed 0.26 percent lower on Wednesday.

The benchmark Philippine Stock Exchange index decreased by 20.52 points to 8,013.57. The all-share index went down by 11.49 points, or 0.23 percent, to 4,897.51.

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TOKYO -- Tokyo stocks dropped Wednesday as expectations of an early interest rate cut to boost the U.S. economy faded following remarks by top Federal Reserve officials.

The 225-issue Nikkei Stock Average ended down 107.22 points, or 0.51 percent, from Tuesday at 21,086.59.

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SEOUL -- Seoul shares ended almost unchanged Wednesday.

The benchmark Korea Composite Stock Price Index (KOSPI) inched up 0.21 points, or 0.01 percent, to settle at 2,121.85. Trading volume stood at 725 million shares worth 4.4 trillion won (3.7 billion U.S. dollars). Enditem

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