File photo (Picture credit: AP)Markets are focused on the Fed’s policy announcement later in the day, with expectations that the central bank will keep its main interest rate unchanged for now. Traders are, however, looking for signals on the timing of possible rate cuts later this year.South Korean stocks outperformed the region, with the Kospi jumping 1.3 per cent to 5,152.14, a record high. Gains were led by technology shares, including chipmaker SK Hynix, which rose 3 per cent, as per AP.Japan’s Nikkei ...