Asia markets track gains on Wall Street as investors look past government shutdown

Asia markets track gains on Wall Street as investors look past government shutdown

Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets mostly rose Friday, tracking Wall Street gains as investors shrugged off the U.S. government shutdown. Investors are waiting to see how long the shutdown will last to assess the gravity of its economic repercussions. Historically, government shutdowns in the U.S. have not been…

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Fed rate decision September 2025

Fed rate decision September 2025

WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its…

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Here’s what that means for you

Here’s what that means for you

The Federal Reserve announced Wednesday it will lower its benchmark rate by a quarter point, paving the way for relief from some of the high borrowing costs that have weighed on consumers. The federal funds rate, which is set by the Federal Open Market Committee, is the interest rate at which banks borrow and lend to one…

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Asia markets open mixed after Wall Street gains on positive inflation data

Asia markets open mixed after Wall Street gains on positive inflation data

 Asia-Pacific markets opened mixed Thursday after Wall Street continued to reach record highs over Fed-rate cut hopes and positive inflation data. Japan’s benchmark Nikkei 225 rose 0.23% in early trade, while the Topix index retreated 0.18%. South Korea’s Kospi advanced 0.67%, and the small-cap Kosdaq was up 0.2%. Over in Australia, the ASX/S&P 200 declined…

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