NEWS: Asian markets diverge ahead of Fed news, Nissan soars on merger reports

Asian markets diverge ahead of Fed news, Nissan soars on merger reports

Shares in Japanese car giant Nissan surged more than 20 percent on reports it is in merger talks with Honda.
Photo: Yuichi YAMAZAKI / AFP
Source: AFP

Asian markets swung Wednesday ahead of the Federal Reserve’s much-anticipated policy announcement, while shares in Japanese car titan Nissan soared more than 20 percent after reports said it was in merger talks with rival Honda.

There were few catalysts to drive region-wide activity before the US central bank’s interest rate decision,…

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