Asian Market Update : Epic Research Malaysia

Asian markets were mixed Thursday while the dollar resumed its upward march against the yen after the Federal Reserve wound up its vast bond-buying scheme and reiterated its plan to keep interest rates at record lows.

Tokyo climbed 0.63 per cent and Sydney rose 0.46 per cent, while Shanghai dipped 0.19 per cent, Hong Kong slipped 0.17 per cent and Seoul lost 0.65 per cent.

After a two-day meeting the US central bank's policy committee said it would bring an end to six years of monetary easing as the economy gets back on track.

And to reassure investors worried about the global economy, it also said it would keep near-zero interest rates for "a considerable time" after the end of the quantitative easing programme, sticking to its timetable of an increase well into 2015.

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