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The Independent UK
The Independent UK
National
Yuri Kageyama

Asian shares trade higher after Wall Street climbs moderately as Fed holds rates steady

US Federal Reserve Donald Trump Wall Street Jerome Powell United States the Federal Reserve Economy Pakistan India Nasdaq
Japan Financial Markets - (Copyright 2025 The Associated Press. All rights reserved)

Asian shares rose moderately Thursday after a lackluster finish on Wall Street, with most shares ticking higher after the Federal Reserve left its main interest rate unchanged, as was widely expected.

Japan's benchmark Nikkei 225 edged up 0.2% in morning trading to 36,863.15. Australia's S&P/ASX 200 added 0.2% to 8,190.40. South Korea's Kospi rose 0.3% to 2,581.62. Hong Kong's Hang Seng surged 0.8% to 22,864.74, while the Shanghai Composite gained 0.8% to 3,342.66.

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