Asia-Pacific stock markets were mixed on Thursday, after the U.S. Federal Reserve opted to hold interest rates steady at the end of its two-day meeting.
Fed Chair Jerome Powell ruled out the possibility of a rate hike, easing worries over the central bank likely not being able to rein in inflation.
Hong Kong's Hang Seng index led gains in Asia, with a 2.4% jump. The Hang Seng Tech index surged 4.4% after Chinese EV makers rose following April vehicle delivery updates.
Mainland China markets remained closed for the Labor Day holiday.
Japanese yen, which had a volatile start to the week amid suspected government intervention to prop up the currency on Monday, was last trading at 155.31 against the U.S. dollar.
Japan's Nikkei 225 closed 0.1% lower at 38,236.07, while the broader Topix ended flat at 2,728.53.
Australia's S&P/ASX 200 rose 0.23% to close at 7,587.00.
South Korea's Kospi fell 0.31% to close at 2,683.65, while the smaller-cap Kosdaq fell 0.17% to end at 867.48. Investors parsed consumer prices data from South Korea, which showed a slower rise in April from March.
Wall Street stock indexes ended the session mixed on Wednesday after the Fed meeting.
The Dow added 87.37 points, or 0.23%. The S&P 500 shed 0.34%, while the Nasdaq Composite slid 0.33%.
— CNBC's Samantha Subin and Hakyung Kim contributed to this report.