Asian Markets Surge on Rate Cut Hopes
Update: 2025-11-26
Description
Asian stock markets surged this week, led by technology companies, as investors anticipate a potential December rate cut by the U.S. Federal Reserve. The NASDAQ Composite index reached a new high, fueling optimism in Asian markets. Despite Federal Reserve officials cautious stance on rate cuts, the prospect of a weaker dollar and lower interest rates boosted most Asian currencies and indices. South Koreas KOSPI, Taiwans Weighted Index, Hong Kongs Hang Seng, and Chinas Shanghai Shenzhen CSI three hundred index all gained. Indian stocks also hit a new record high. However, Japans Nikkei two hundred twenty-five dipped slightly after reaching a thirty-three-year high. Technology stocks, such as Samsung Electronics and Taiwan Semiconductor Manufacturing, led the gains across Asia.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
