Asian shares gain as Bank of Japan tweaks monetary policy

September 21, 2016 5:45 AM

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TOKYO - Asian shares rose Wednesday after Japan’s central bank wrapped up a policy meeting with a decision to keep short-term interest rates unchanged while adjusting its asset purchases to help push yields on long-term government bonds higher.

KEEPING SCORE: Tokyo’s Nikkei 225 reversed its early losses, gaining 1.8 percent to 16,784.98. The Hang Seng of Hong Kong gained 0.7 percent to 23,703.58 and the Shanghai Composite index added 0.2 percent to 3,027.59. Australia’s S&P/ASX 200 climbed 0.7 percent to 5,342.00 and South Korea’s Kospi ro...

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