What is going on at Dalian Wanda?

The Chinese conglomerate has hit the headlines in recent years for buying its way into Hollywood - including purchasing Legendary Entertainment (co-producer of hit films including Godzilla and The Dark Knight Rises) and controlling cinema chain AMC Theaters.

But today it has asked for trading in shares of its film unit to be halted, after the stock slid 10%.

The group said "malicious" rumours that banks were planning to sell Wanda bonds could be to blame - reports which it says are false.

Wanda Group is headed by Wang Jianlin. He's China’s second-richest man and is worth about $31bn according to Bloomberg.

Chinese stock markets have bucked a downturn across the rest of Asia to finish higher on Wednesday.

It comes on news that, after three years of rejection, shares of some domestically-listed mainland Chinese firms will be incorporated in the MSCI Emerging Index.

You can read why that might be important here, but in essence it's being taken as sign of growing confidence among foreign investors in the way Chinese markets are run and regulated.

The Shanghai Composite Index closed up 0.5% and the Shenzhen Composite Index finished 0.4% higher.

Has a corner been turned at consumer electronics firm Sharp?

Once weighed down by debt, it was bought by Taiwan's Foxconn last year.

And on Tuesday shares leapt 7.7% on news it plans to apply to be once again listed among Japan's most prestigious stocks - in the first section of the Tokyo Stock Exchange.

Meanwhile the country's benchmark Nikkei 225 had another good day - adding 0.8% to end at 20,230.41 points, its highest finish since August 2015.

Shares in Japanese car parts maker Takata have dived by more than 16.5% in response to suggestions that it planned to file for bankruptcy.

Trading in the firm had been suspended on Friday after those reports began to circulate, and so Monday was the first chance for investors to react.

Takata faces billions of dollars in liabilities after its faulty airbags - which have been linked to at least a dozen deaths and more than 100 injuries worldwide - led to the biggest safety recall in automotive industry.

Japanese stock markets rose after the country's central bank kept monetary policy on hold, as expected.

Both the benchmark Nikkei 225 index and the broader Topix index added 0.4% to close at 19,913.73 and 1,594.26 points respectively.

However trading in airbag manufacturer Takata was suspended following reports it may file for bankruptcy protection as early as next week.

We've also been watching Toshiba closely - the conglomerate is expected to announce the preferred bidder for its prized chip unit at any time - its shares climbed 1.6% today.

Asia shares have been falling.

In Hong Kong the Hang Seng fell 1% with financial, property and energy stocks taking the biggest hits.

Japan's benchmark Nikkei 225 index fell 0.15% to close at 19,854.20 and South Korea's Kospi shed 0.5% to 2,361.71 points.

Australia's S&P/ASX 200 slumped 1.2% to 5,763.30 despite positive data showing the jobless rate fell to its lowest level in four years.

Asian markets are mixed picture on Wednesday with traders uncertain about what the US Federal Reserve will say later in the day about a possible interest rate hike.

The region's biggest market, Japan's Nikkei 225 is flat while Chinese markets are lower. The mainland Shanghai Composite is down by 0.6% while Hong Kong's Hang Seng is lower by 0.3%.

In Australia, things are looking more upbeat with the ASX 200 0.8% higher.

South Korea's Kospi is currently flat.

The US central bank will releases its rates decision after the close of trading on Asian and European markets.

Most investors are expecting a rise in interest rates and so attention will focus on the policy outlook by the Fed.

Asian shares opened the week heading with losses, taking their cue from the tech sell off we've saw on US markets on Friday.

Technology heavyweights like Samsung or Sony traded lower on Monday with many losing more than one percentage point.

Investors are also cautious ahead of a meeting by the US Federal Reserve later in the week.

Japan's Nikkei 225 was down by 0.6% while in China, the Shanghai Composite lost 0.5% and Hong Kong's Hang Seng was 1.2% lower.

In South Korea, the Kospi lost 1.1% while the ASX in Sydney remains closed for a public holiday.

Japanese shares have closed lower after economic growth numbers were revised sharply downward.

The benchmark Nikkei 225 index fell 0.38% to 19,909.26 while the broader Topix index lost 0.42% to 1,590.41 points.

Revised data show that Japan's GDP expanded 0.3% in the first quarter, which was below the preliminary estimate for 0.5% growth and weaker than market expectations.

Elsewhere in Asia, stock trading was relatively muted ahead of the European Central Bank meeting and the UK general election today.

South Korea's Kospi and Australia's S&P/ASX 200 both rose 0.17% to end at 2,364.15 and 5,676.60 respectively.

Hong Kong's Hang Seng and the Shanghai Composite are roughly flat in the afternoon session.

It looks like investors are in "risk on" mode ahead of the UK election and ECB policy decision.

The diplomatic row between Qatar and four Arab states and the upcoming testimony from former FBI director James Comey is adding to wary market sentiment.

Safe havens plays have been seen since the start of the week, Jingyi Pan from IG Market said.

This includes the US dollar and Japanese yen cross trading at over one-month lows, gold prices hanging just below $1300 level and dips in US treasury yields.

Japan's benchmark Nikkei and the broader Topix both ended flat after thin trading at 19,984.62 and 1,597.09 respectively.

Australia also closed completely flat at 5,667.20 while Korea's Kospi fell 0.36% to close at 2,360.14.

Hong Kong's Hang Seng is 0.2% lower in the afternoon session.