MANILA – Asian shares, led by tech stocks, were mostly higher Thursday after Wall Street indexes churned between gains and losses but ultimately remained near their record levels following the Federal Reserve’s decision to cut its main interest rate.
Japan's Nikkei 225 rose 1.3% to 45,365.98, with tech-related stocks including Disco, Tokyo Electron and SoftBank among the gainers. The Bank of Japan started its two-day policy meeting, with rates expected to be left unchanged.
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South Korea's Kospi added nearly 1.3% to 3,455.98, with chipmakers SK Hynix and Samsung Electronics among advancers.
The Chinese markets were mixed. Hong Kong's Hang Seng slipped 0.2% to 26,856.02, while the Shanghai Composite index added nearly 0.5% to 3,893.95 on optimism over trade negotiation