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Asia markets track Wall Street gains as Fed rate-cut hopes rise - South Korea's Kospi hits record high

Asia markets track Wall Street gains as Fed rate-cut hopes rise - South Korea's Kospi hits record high
general • 9/9/2025

China's August consumer price index fell 0.4% year over year, missing expectations of a 0.2% drop by economists polled by Reuters.

Asia-Pacific markets rose Wednesday, tracking gains on Wall Street, as hopes for a rate cut by the Federal Reserve rose, while investors also assessed August inflation data from China. Mainland China's CSI 300 was up 0.46%. Hong Kong's Hang Seng Inde... [1994 chars]