Asia subdued on Greek default fears, Fed meeting awaited

Asian stocks were subdued early on Tuesday as financial markets braced for the possibility of Greece defaulting on its debt, while a two-day policy meeting of the U.S. Federal Reserve's monetary committee starting later in the session also counselled caution. Global equity markets have felt a pinch after talks between Athens an its creditors broke down over the weekend, with Greece only having two weeks before it has to repay 1.6 billion euro to the International Monetary Fund. MSCI's broadest index of Asia-Pacific shares outside Japan stood unchanged.

Asia subdued on Greek default fears, Fed meeting awaited source: http://finance.yahoo.com/news/asia-subdued-greek-default-fears-001558229.html