Asian shares mixed as markets await moves by Federal Reserve

Asian shares are mixed as investors await the Federal Reserve's latest assessment on the U.S. economy

Shares were mixed in Asia on Wednesday as investors awaited the Federal Reserve’s latest assessment on the U.S. economy.

Tokyo fell but other major regional benchmarks were mostly higher on Wednesday, trimming early losses.

The Bank of Japan kept its ultra-supportive monetary policy unchanged, as expected.

Investors also are keeping a wary eye on troubled Chinese developer Evergrande, which is struggling to meet debt payments. The company said it plans to make an interest payment Thursday.