Asian markets were mixed Monday ahead of a Federal Reserve meeting that is widely expected to raise U.S. interest rates. The Shanghai Composite Index lost 2.1 percent to 3,165.19 while Tokyo's Nikkei 225 gained 1 percent to 19,176.21. Hong Kong's Hang Seng shed 1.1 percent to 22,505.29 and Seoul's Kospi was unchanged at 2,024.66. Sydney's S&P-ASX 200 was up 0.1 percent at 5,565.70. India's Sensex gained 0.5 percent to 26,608.17 while benchmarks in New Zealand, Singapore and Manila declined. Benchmark U.S. crude surged $2.42 to $53.92 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 66 cents on Friday to $51.50. Brent crude, used to price international oils, jumped $2.27 to $56.61 in London. The contract added 44 cents the previous session to $54.33. The dollar rose 115.49 yen from Friday's 115.29 yen. The euro was unchanged at $1.0562.
