Northwestern Mutual

Asian shares mixed after Fed raises interest rates

Shares were mixed in Asia early Thursday after U.S. stock indexes finished with small losses following the Federal Reserve's hike in interest rates.

KEEPING SCORE: Japan's Nikkei 225 index gained 0.5 percent to 21,488.07 while the Kospi in South Korea added 0.5 percent to 2,498.17. Hong Kong's Hang Seng dropped 0.5 percent to 31,267.45 and the Shanghai Composite index lost 0.8 percent to 3,254.31. Australia's S&P ASX 200 fell 0.2 percent to 5,935.80. Shares were mixed in Southeast Asia.

WALL STREET: Major U.S. stock indexes fell Wednesday while smaller companies fared better. The Federal Reserve raised interest rates, as investors expected, and said it could raise rates...