09-06-2016 05:27 via news.yahoo.com

Asian stocks edge up, kiwi flies as central bank stands pat

By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks edged up on Thursday after modest gains on Wall Street overnight, while a weaker dollar buoyed commodities such as gold and crude oil. The New Zealand dollar soared to a one-year high after the nation's central bank kept interest rates steady as expected, even as some in the market had wagered on a cut. South Korea's Kospi edged up 0.3 percent after the Bank of Korea unexpectedly cut its policy rate to a record low 1.25 percent amid weak inflat
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