Asia's investors cheer the Fed's move to raise rates

Shares in Asia were all in positive territory on Thursday on news the US Federal Reserve had raised its rates for the first time since June 2006. The move takes the range of rates banks offer to lend to each other overnight to between 0.25% and 0.5%. Australia's stock exchange was the first major benchmark index in the region to open to the news - and investors cheered. Sydney's S&P/ASX 200 was up as much as 1.6% in early trade. Japan's Nikkei 225 was up 2.15% at 19,460.20 after marking one of its biggest daily gains in more than two months on Wednesday.