Asian stocks rise as Fed rate cut hopes strengthen; oil slips ahead of Opec+ meet

Sep 5, 2025 - 12:30
Asian stocks rise as Fed rate cut hopes strengthen; oil slips ahead of Opec+ meet

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Asian shares climbed, mirroring Wall Street's record close, as investors awaited crucial US jobs data influencing potential Federal Reserve rate cuts. Japan's Nikkei surged following positive labor and spending data, further boosted by reduced US tariffs on car imports.

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