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

Asia-Pacific markets start December mostly lower with China’s manufacturing data in focus

Asia-Pacific markets start December mostly lower with China’s manufacturing data in focus

Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets opened December mostly in the red Monday as traders awaited fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve … Read more

‘Green light’ away from AI trade: Two ETF executives see a key market shift underway

‘Green light’ away from AI trade: Two ETF executives see a key market shift underway

A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system. “The Fed cut rates four times last year. They cut rates twice already. They’re going to go again … Read more

Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations

Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations

SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets rose Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December. Expectations … Read more

Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally

Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally

SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets opened higher Tuesday, after Wall Street’s tech stocks rebounded on a rally in Google parent  and hopes of a Fed rate cut. Optimism about Alphabet’s … Read more

Fed’s Collins: Still leaning against cutting rates in December amid persistent inflation, labor market risks

Fed’s Collins: Still leaning against cutting rates in December amid persistent inflation, labor market risks

Susan Collins, president and chief executive officer of the Federal Reserve Bank of Boston, during a Bloomberg Television interview at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Friday, Aug. 22, 2025. David Paul Morris | Bloomberg | Getty Images Federal Reserve Bank of Boston President Susan Collins … Read more

One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much

One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much

John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, Sept. 4, 2025. David Dee Delgado | Bloomberg | Getty Images Communication at the Federal Reserve, particularly at the highest levels, rarely happens by … Read more

Trump says he’d love to fire Powell, urges Bessent to ‘work on’ him to lower rates

Trump says he’d love to fire Powell, urges Bessent to ‘work on’ him to lower rates

President Donald Trump on Wednesday said he would love to fire Federal Reserve Chair Jerome Powell, but suggested that Treasury Secretary Scott Bessent is holding him back. “[I’ll] be honest, I’d love to fire his ass,” Trump said of Powell at the U.S. Saudi Investment Forum in Washington, D.C. Trump urged Bessent to “work on” … Read more

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on Oct. 29, 2025 in Washington, DC. Alex Wong | Getty Images Federal Reserve Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in … Read more