Stocks in Asia falter amid US-China trade uncertainty

Meanwhile, the U.S. Federal Reserve is set to announce its decision on interest rates later on Wednesday following its two-day monetary policy meeting. Shares in major Asian stock markets mostly slipped on Wednesday following a series of conflicting reports on U.S.-China trade that surfaced overnight. The mainland Chinese markets recovered partially from their earlier losses but still ended their trading day lower, with the Shenzhen component declining 0.398 percent to 9,800.60 and the Shenzhen composite shedding 0.248 percent to 1,684.57.