Asia markets: The Fed, US-China trade, currencies in focus

Asia markets: The Fed, US-China trade, currencies in focus - CNBC

Stocks in Asia Pacific were mixed on Thursday, following the U.S. Federal Reserve's overnight monetary policy decision and hints that the central bank is not considering a cut in interest rates at this moment.

In Hong Kong, the Hang Seng index added 0.84%, as of its final hour of trading. Shares of AIA soared 4.38%.

South Korea's Kospi gained 0.42% to end its trading day at 2,212.75, as shares of industry heavyweight Samsung Electronics rose 0.11% and chipmaker SK Hynix surged 2.15%.

The ASX 200 in Australia, on the other hand, declined 0.59% to close at 6,338.40 as majority of the sectors slipped. [Read More]

Published @ May 1, 2019

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