Asian shares mostly climb after US stocks remained near record levels following the Fed's rate cut

MANILA, Philippines (AP) — Asian shares, led by tech stocks, were mostly higher Thursday after Wall Street indexes churned between gains and losses but ultimately remained near their record levels following the Federal Reserve’s decision to cut its main interest rate.

Japan's Nikkei 225 rose 1.3% to 45,365.98, with tech-related stocks including Disco, Tokyo Electron and SoftBank among the gainers. The Bank of Japan started its two-day policy meeting, with rates expected to be left unchanged.