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Japan's Nikkei climbs as oil prices ease, Fed decision reassures
TOKYO: Japan’s Nikkei share average climbed on Thursday as investors snapped up beaten-down gaming and pharmaceutical stocks, while sentiment was supported by lower crude oil prices and a largely expected policy decision from the US Federal Reserve. The Nikkei rose 0.2% by 0157 GMT after climbing as much as 1% earlier in the session. The broader Topix gained 0.6%. Overnight, Brent crude dropped 2.6% as reports of Saudi Arabia offering extra crude cargoes through Oman reduced fears of supply disruptions in the Middle East. The US Fed raised its key interest rate by a quarter point, as widely ex...
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