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04 Dec 2025
Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data
Summary: Asia-Pacific markets mostly rose, led by Japan’s Nikkei 225 and Topix indices, following Wall Street gains fueled by hopes of a Federal Reserve interest rate cut. The weaker-than-expected US jobs data increased the likelihood of a rate cut, boosting investor sentiment. However, South Korea’s Kospi and Kosdaq indices declined, while India’s rupee reached a record low against the US dollar.