New Peak for Nikkei

Japan stocks closed at fresh all-time highs on Thursday as Asia markets climbed after the Federal Reserve maintained its forecast for three rate cuts this year, while holding rates at 5.25%-5.5% in its latest meeting.In Japan, markets returned from holiday with a bang, the Nikkei storming higher 812.06 points, or 2%, to 40,815.66. In Hong Kong, the Hang Seng index climbed 320.03 points, or 1.9%, to 16,863.10. Korea’s Kospi gained mightily to its highest since last April. Australian stocks jumped after flash data from Judo Bank showed that the country’s business activity expanded at a faster…