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Stock impact report

Asian shares trade mixed and gold jumps more than 4% after the Fed keeps rates unchanged [Globe and Mail, The (Toronto, Canada)]

Sony Group Corporation American Depositary Shares (SONY) 
That was expected, and Fed Chair Jerome Powell said interest rates look to be “in a good place” for now. Gold jumped another 4.6%, trading at $5,545 per ounce and silver was up 4.1%. The dollar weakened against the Japanese yen and oil prices rose. Gains for some technology companies reporting strong earnings failed to give shares in Tokyo much of a lift as the Nikkei 225 rose less than 0.1% to 53,375.60. Computer chip testing equipment maker Advantest surged 5.2% after it reported stronger than anticipated earnings. Some tech company shares, like Panasonic Holdings, fell, while others rose, like chips maker Kioxia Holdings Corp. and Sony Corp. Earnings season is getting into full gear, with major Japanese companies like Toyota Motor Corp ., Sony Corp. and Nintendo Co. due to report their earnings next week. Elsewhere in Asia, South Korea's Kospi surged 1.0% to 5,221.25, hitting a fresh record as computer chip maker SK Hynix picked up 2.4% on a strong earnings report. Hon Show less Read more
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