Most Asian stock indices closed higher ahead of the Fed's interest rate decision on Wednesday. Market participants are awaiting the Fed will end its bond-buying program.

Investors also expects new signs for further monetary policy.

Chinese stocks rose as industrial profits in China increased and China's President Xi Jinping urged to create more free-trade zones in China. Profits of Chinese industrial firms rose 0.4% in September from a year earlier, after a 0.6% fall in August.

Retail sales in Japan jumped 2.3% in September, exceeding expectations for a 0.9% increase, after a 1.2% gain in August.

Indexes on the close:

Nikkei 225 15,329.91 -58.81 -0.38%

Hang Seng 23,520.36 +377.13 +1.63%

Shanghai Composite 2,337.87 +47.43 +2.07%