Asian Stocks Outside Japan Fall Before Fed Meeting Ends

Asian stocks outside Japan fell as energy shares dropped ahead of a Federal Reserve policy decision today. The Topix index rose to a five-month high in Tokyo.

Woodside Petroleum Ltd. led energy firms lower after Royal Dutch Shell Plc sold most of its stake in Australia’s second-largest energy producer. Agricultural Bank of China Ltd. sank 2 percent in Shanghai as Chinese shares retreated. Tsuruha Holdings Inc. surged 4.3 percent in Tokyo after the drugstore operator forecast profit will gain 14 percent.