Asia stocks up, dollar sags after dovish signals from Fed

Asian equities rose early on Thursday after the Federal Reserve sounded more dovish than many had expected and led investors to push back their expected timing of a rate hike, while the dollar was put on the defensive on the same token. MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.3 percent. South Korea's Kospi (.KS11) rose 0.7 percent, while Japan's Nikkei (.N225) dipped 0.1 percent on the yen's gains against the dollar.

Asia stocks up, dollar sags after dovish signals from Fed source: http://finance.yahoo.com/news/asia-stocks-dollar-sags-dovish-003505220.html