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Asia stocks were mixed on Tuesday with investors looking ahead toward a U.S. rate decision due later in the week. Tokyo markets were shut for a holiday -- adding a dampening effect on trade around the region. Many investors expect the U.S. Federal Reserve to cut rates by a slim 25 basis points at its policy committee meeting on Wednesday, then signal a desire to hold rates for the time being. While the U.S. dollar has been supported by that view, gold prices have slipped back from record levels. China stocks were buoyed by earnings reports. The nation's second biggest lender Bank of China gained after posting an 85 percent jump in first quarter profit. Oil giant PetroChina rose even though the firm posted a 32 percent fall in first quarter earnings. Dealers said the market had already factored in a poor result but investors picked up the stock after several weak sessions. Investors will also be keeping an eye out for fresh U.S. growth figures due out on Wednesday. Many want to see whether the U.S. economy managed to grow in the first quarter-if so, it could stave off a recession for another three months. Tara Joseph-Hui reporting for Reuters. COMPANIES MENTIONED: SYMBOLS: