Epic Asian Markets Update

Asian stocks followed their US counterparts higher on Thursday after the Federal Reserve unveiled a cut in monetary stimulus but vowed to keep interest rates low. China’s Shanghai Composite was up 0.12 percent or 2.64 points at 2,150.93.

Hong Kong’s Hang Seng rose 0.66 percent or 152.71 points at 23,296.53.

Japan’s Nikkei gained 1.61 percent or 250.75 points at 15,838.55.

Singapore’s Straits Times added 0.40 percent or 12.38 points at 3074.16.

South Korea’s Seoul Composite jumped 0.57 percent or 11.19 points at 1,985.82.

Taiwan’s Taiwan Weighted advanced 0.63 percent or 52.24 points at 8,401.28.

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