Economic news

Asian shares edge higher after Fed decision

Asian shares on the whole inched up on Thursday following the U.S. Federal Reserve’s latest much-anticipated rate increase.

The MSCI Asia Pacific Index climbed 0.2 percent.

Japan's Nikkei dipped 0.3 percent, dragged down by weaker dollar.

South Korea's KOSPI jumped 0.5 percent. Australian shares slipped 0.2 percent at the close. 

The Shanghai Composite Index lost 0.6 percent, Hong Kong’s Hang Seng Index slumped 0.5 percent.

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