Asian markets follow Wall Street rally, Bank of Japan maintains policy.

Asian shares rose moderately following Wall Street's rally, with the Bank of Japan keeping its ultra-lax monetary stance unchanged. The Japanese rate has stayed at minus 0.1% for a decade, and policymakers have indicated they are not convinced that current inflation will be sustained. The Fed has warned it could raise interest rates two more times this year in its battle against inflation, and the European Central Bank raised rates on Thursday and pledged more may be on the way.