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Asian stocks braked around two-month highs on Thursday, while the dollar nursed modest losses, after the U.S. Federal Reserve chose not to hike interest rates for the first time in 17 months, even if it opened the door to more hikes ahead.
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HSBC and Standard Chartered are among lenders facing pressure from Hong Kong's banking regulator to take on crypto exchanges as clients, the Financial Times reported on Thursday, citing three people with knowledge of the matter.
Japan's top government spokesperson said on Thursday that volatile moves in the currency markets were undesirable and that authorities were closely watching the market and ready to take "appropriate" action as needed.
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The Indian rupee edged lower on Thursday as broad strength in the dollar following the U.S. Federal Reserve hinting at further rate hikes this year hurt emerging market currencies.
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Inflation is easing but major central banks remain hawkish, with a long-awaited pause from the U.S. Federal Reserve this week coming with a warning by the world's most influential interest rate setter that the tightening cycle may not be over yet.