Asian shares slip, dollar soft as Fed stands pat and eyes China

September 18, 2015 12:50 AM

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Asian shares slip, dollar soft as Fed stands pat and eyes China

TOKYO Asian shares fell on Friday after the Federal Reserve held off on raising interest rates, reviving concerns about weakness in both the U.S. and global economies.

The dollar was on the defensive, having fallen more than 1 percent after the Fed's decision, while U.S. bond yields plunged, erasing their sharp rises in the past couple of days.

Also read: U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent

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