Shares in the Asia-Pacific declined Monday as investors looked ahead to a Fed meeting and U.S. inflation data this week.
Hong Kong's Hang Seng index briefly fell 2%, leading losses in the region before last trading at 1.88%. The Hang Seng Tech index shed 3.30%.
In Australia, the S&P/ASX 200 was down 0.40%. Japan's Nikkei 225's fell 0.17% while the Topix slid 0.14%.
South Korean benchmark Kospi shed 0.57%, and the Kosdaq dipped 0.44%. The MSCI's broadest index of Asia-Pacific shares outside Japan slipped 1.13%.
Mainland China's Shanghai Composite lost 0.63% and the Shenzhen Component was down 0.478%.
On Monday, India is scheduled to release inflation and industrial output data.
Later this week stateside, the Federal Reserve is set to begin its two-day meeting on Tuesday. Economists widely expect the U.S. central bank to raise rates by half a percentage point Wednesday.
The latest reading for the U.S. consumer price index is also slated for Tuesday. Analysts polled by Reuters expect the index rose 0.3% in November.
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