Asian stocks advanced after Fed's Chief rate comments

Source: Bloomberg
© scanpix/Hkg
Asian shares rose on Wednesday, prolonging five-month gains, as Federal Reserve Chair Janet Yellen announced that the Fed is not going to raise interest rates in the next three months. Therefore, the MSCI Asia index added 0.6% to trade at 146.20 level in Hong Kong showing its biggest gains since September 12. The Kospi index and Taiwan's Taiex index, in turn, increased 0.7%.
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