Global equity markets have felt the pinch after talks between Athens and its creditors broke down over the weekend, with Greece only having two weeks before it has to repay 1.6 billion euros ($1.8 billion) to the International Monetary Fund. The two-day Federal Open Market Committee (FOMC) meeting begins later on Tuesday and the focus was on whether the U.S. central bank will offer a hint of an interest rate rise later in the year. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent.