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The Independent UK
The Independent UK
National
Teresa Cerojano

Asian shares track Wall Street rallies as a US interest rate cut next week looks more certain

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

Asian shares rose on Friday, tracking Wall Street's record-setting run the previous after a mixed set of U.S. data bolstered expectations that the Federal Reserve will cut interest rates to boost the economy.

Japan's Nikkei 225 set another intra-day high, rising for the third day and adding 0.9% to 44,781.09. Shares in semiconductor company Tokyo Electron, Sony Group and Fast Retailing were among the movers.

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