Asian Markets Mixed as US Fed Cuts Interest Rates

Reported 17 days ago

Asian shares had a mixed performance following the Federal Reserve's interest rate cut aimed at supporting the U.S. economy. European markets opened on a positive note, but Hong Kong and Shanghai saw declines amid investor speculation on government measures to stimulate China's economy. Japan's Nikkei 225 gained slightly while Nissan's shares fell significantly after announcing substantial layoffs and production cuts.

Source: YAHOO

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