Asian stock indices traded little changed in a subdued trading session. Investors are awaiting the release of the Chinese consumer price index and producer price index and the Federal Reserve's last policy meeting on Wednesday.

Strong economic data was released in Japan. Bank lending in Japan increased 2.5% in June from a rise of 2.4% in May, exceeding expectations for a 2.3% gain.

Japan's current account surplus rose to 522.8 billion yen in May from a surplus of 187.4 billion yen in April. Analysts had expected an increase to 417.5 billion yen.

Indexes on the close:

Nikkei 225 15,314.41 -65.03 -0.42%

Hang Seng 23,541.38 +0.46 0.00%

Shanghai Composite 2,064.02 +4.09 +0.20%