Asian equity markets opened mixed on Wednesday, mirroring Wall Street's finish overnight, and as investors digested the raft of earnings due in the region. Also in focus was the Federal Market Open Committee (FMOC) meeting which began on Tuesday and will conclude with the release of a post-meeting statement later in the day.
Overnight, US stocks ended a volatile session mixed, with strong earnings from Merck and gains in IBM leading the blue-chip Dow and S&P 500 higher, closing up 0.4 percent and 0.3 percent each. However, the tech-heavy Nasdaq underperformed, finishing 0.1 percent lower.
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