Wed, 31 Jul 2013 08:49:05 GMT
Asian shares drop ahead of Fed outcome, cutting monthly gains
Asian shares declined, with the regional benchmark index cutting its first monthly gain since April, ahead of U.S. economic growth report and the outcome of the Federal Reserve policy meeting. The MSCI Asia Pacific Index decreased 0.9% to 132.59. Japanese Topix index and the benchmark Nikkei 225 Stock Average both declined 1.5%.