Asia-Pacific markets rebound on revived Fed cut hopes

Hong Kong Spreephoto.de | Moment | Getty Images Asia-Pacific markets started the week higher after the New York Federal Reserve President signaled that a third rate cut could happen this year. On Friday, New York Federal Reserve President John Williams suggested the Fed could lower its key interest rate from here as labor market weakness poses a…

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China inflation data, AI valuations

Panoramic view of Busan city, South Korea taken on sunrise. Alex Veprik | Moment | Getty Images Asia-Pacific markets traded higher Monday, after artificial intelligence valuation concerns fueled declines in markets across the region last week. Investors in Asia are also parsing October inflation data from China over the weekend, which came in above expectations….

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Nikkei 225, Kospi, Hang Seng Index, Nifty 50

Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Japan’s Nikkei 225 plunged below the 50,000 mark on Wednesday amid a wider decline in Asia markets as investors fled AI-related stocks. The Nikkei lost 3.48%, while the Topix was…

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