· Asia Pacific stocks trade mixed as Fed unveils new approach to inflation
Stocks in Asia Pacific traded mixed Friday morning as investors react to developments from the U.S. Federal Reserve.
In Japan, the Nikkei 225 rose 0.27% in early trade while the Topix index added 0.71%. South Korea’s Kospi gained 0.41%.
Shares in Australia declined, as the S&P/ASX 200 shed 0.54%.
Overall, the MSCI Asia ex-Japan index traded little changed.
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