
The expectation of the Federal Reserve's interest rate cut drives a general rise in the Asia-Pacific region, with the Hang Seng Index up 0.17% | Lianhe Zaobao

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Market expectations for the Federal Reserve to cut interest rates next month have risen, driving a general increase in the Asia-Pacific stock markets. The FTSE Straits Times Index rose slightly by 0.17%, closing at 4509.34 points. Stock markets in Tokyo, Seoul, Taiwan, Shanghai, Hong Kong, and Sydney all rose, while Shenzhen experienced a pullback. The trading volume in the Singapore stock market was 1.16 billion shares, with a total trading value of SGD 1.23 billion. Among the constituents of the Hai Index, DFI Retail Group saw the largest increase, while UOL experienced the largest decline
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