Most Asian stock indices closed higher after the yesterday's Fed' interest rate decision. The Fed has decided to end its bond-buying program as widely expected.

The Fed kept its interest unchanged and said that interest rates would remain unchanged for a "considerable time".

Investors also weighed some corporate earnings reports.

Samsung Electronics Co. shares rose 4.5% after reporting its fourth-quarter profit will increase.

Indexes on the close:

Nikkei 225 15,658.2 +104.29 +0.67%

Hang Seng 23,702.04 -117.83 -0.49%

Shanghai Composite 2,391.08 +18.05 +0.76%