Asia stocks rise as traders weigh China-US row, rate cut hopes

Legit | 16-10-2025 03:11pm |

Asian equities edged up Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this year. Bets on US rate cuts, a weaker dollar and worries about the latest China-US flare-up, have helped push gold to daily records and on Thursday it hit a peak of $4,234.70.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.