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Asian shares mostly fall and gold jumps more than 4% after the Fed keeps rates unchanged
['Yuri Kageyama', 'Associated Press']
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TOKYO (AP) — Asian shares mostly fell Thursday as a wait-and-see attitude dominated in regional markets following the Federal Reserve's decision to keep its key interest rate unchanged.
That was expected, and Fed Chair Jerome Powell said interest rates look to be “in a good place” for now.
Gains for some technology companies reporting strong earnings failed to lift shares in Tokyo, where the Nikkei 225 lost 0.2% in morning trading to 53,274.71.
Computer chip testing equipment maker Advantest surged 6.7% after it reported stronger than anticipated earnings.
Elsewhere in Asia, South Korea's Kospi surged 0.9% to 5,218.81, hitting a fresh record as computer chip maker SK Hynix picked up 2% on a strong earnings report.