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Asia stocks join Wall Street records
The Star
|October 30, 2025
ASIAN stock markets surged yesterday morning, matching record gains on Wall Street the previous day as investor confidence in AI tech and coming interest rate cuts in the US reaches fever pitch.
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The extended bull run comes ahead of an afternoon announcement by the US Federal Reserve, which observers expect will unveil a quarter-percent-age-point cut to lending rates.
It also has been boosted by growing faith in a deal to avoid a damaging trade war between the world’s top two economies, with US President Donald Trump due to meet his Chinese counterpart Xi Jinping in South Korea.
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