Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data

Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data

Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, after Wall Street gained on hopes the Federal Reserve could cut interest rates next week following weaker-than-expected jobs data. Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with 47,000 additions … Read more

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We … Read more