Asia-Pacific markets generally rose, with Japan's TOPIX index breaking through the peak of the bubble era, and South Korean stocks hitting a two-and-a-half-year high

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2024.07.04 01:17
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The Asia-Pacific markets are generally up, with the Nikkei Stock Average in Japan breaking through the peak of the bubble era and the Korean stock market hitting a two-and-a-half-year high. Global markets are warming up to the September rate cut by the Federal Reserve, leading to a collective rise in Asia-Pacific stock markets. The Nikkei Stock Average in Japan hit a historic high, while the Seoul Composite Index in South Korea expanded by 1%, reaching a new high since January 2022