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The Independent UK
The Independent UK
National
Teresa Cerojano

Asian shares are mixed after US stocks fall on weakened hopes for a September interest rate cut

South Korea Financial Markets - (Copyright 2025 The Associated Press. All rights reserved.)

Asian shares were mixed on Thursday after most U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September.

Japan’s Nikkei 225 rose 0.9% to 41,020.91 after the Bank of Japan kept interest rates steady at 0.5% and raised inflation projections. The move follows Tokyo’s trade deal with Washington.

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