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Asian shares mixed after Wall Street gets a lift from hopes for a Fed rate cut

BANGKOK, November 25, 2025 (AP) — Asian shares were mixed on Tuesday after U.S. stocks rallied on hopes the Federal Reserve will cut interest rates soon. U.S. futures edged lower and oil prices also declined. Tokyo’s Nikkei 225 was trading less than 0.1% higher, at 48,644.92, after reopening from a holiday. In South Korea, the Kospi also traded in a narrow range and was nearly flat at 3,848.00. Taiwan’s Taiex was up 1.4%. Chinese markets advanced. In Hong Kong, the Hang Seng climbed 0.6% to 25,875.36, while the Shanghai Composite index jumped 1.1% to 3,880.22. E-commerce giant Alibaba, which was

Rupee rises 11 paise to 89.05 against US dollar in early trade

Mumbai, Nov 25 (PTI) The rupee stayed on the recovery path and gained 11 paise to 89.05 against the US dollar in early trade on Tuesday, supported by lower crude oil prices in the international market. The Indian currency, however, remained under pressure due to a strong greenback, subdued stock market sentiment and withdrawal of foreign capital, forex analysts said. At the interbank foreign exchange market, the rupee opened at 89.02 and then traded at 89.05 against the greenback in initial deals, up 11 paise from its previous closing level. The rupee settled sharply higher by 50 paise at 89.16

Stock markets decline in early trade on foreign fund outflows

Mumbai, Nov 25 (PTI) Equity benchmark indices Sensex and Nifty declined on Tuesday morning as foreign fund outflows dampened investors’ sentiment. In a highly volatile trade, the 30-share BSE Sensex dropped 124.95 points to 84,775.76 in early trade. The 50-share NSE Nifty declined 35.35 points to 25,924.15. From the Sensex firms, Power Grid, Tata Motors Passenger Vehicles, Infosys, Tech Mahindra, Trent and Bharti Airtel were among the major laggards. However, Reliance Industries, Bharat Electronics, Tata Steel and State Bank of India were among the gainers. Foreign institutional investors (FIIs) offloaded equities worth Rs 4,171.75 crore on Monday, according to exchange

Rupee jumps 50 paise against US dollar

Mumbai, Nov 24 (PTI) The rupee rebounded sharply by 50 paise to settle at 89.16 against the greenback on Monday, due to US dollar selling by banks and importers amid a dip in global crude oil prices. Besides, suspected RBI intervention also supported the domestic currency, forex traders said. At the interbank foreign exchange, the rupee opened strong at 89.46 and moved in the range of 89.05 and 89.50 during the day. It eventually settled at 89.16, up 50 paise from its previous close. The rupee had plunged 98 paise to close at its lifetime low of 89.66 against the

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