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The Independent UK

National

Elaine Kurtenbach

Asian shares swing higher after a wobbly day on Wall Street

Asia United States Jerome Powell US Federal Reserve Beijing Economy Washington D.C.

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

Shares swung higher in Asia on Wednesday as hopes for a U.S. interest rate cut helped to offset worries over simmering trade tensions between Washington and Beijing.

U.S. futures rose, while oil prices retreated.

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