Japanese stocks are higher as the yen weakens against the dollar following the Fed's widely expected rate cut overnight. Electronics and pharmaceutical stocks are leading the gains.
Advantest is up 2.5% and Daiichi Sankyo is 1.4% higher. USD/JPY is at 146.95, up from 146.49 as of Wednesday's Tokyo stock market close. Investors are closely watching any developments related to the two-day Bank of Japan policy meeting starting Thursday, as well as the leadership election for the ruling Liberal Democratic Party of Japan.
The Nikkei Stock Average is up 0.3% at 44921.73.
Sumber : Dow Jones Newswires
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