October 30, 2025 9:44 AM
Asia stocks gain as Fed cuts, Trump-Xi meeting in focus
Asian stocks advanced on Thursday after the Federal Reserve cut interest rates and as U.S. and Chinese leaders met to thrash out a trade deal, while the yen weakened after the Bank of Japan kept rates on hold as expected. MSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.4%, while U.S. S&P 500 e-mini futures moved 0.4% higher after stocks on Wall Street posted a slim loss to snap a four-day winning streak. Global markets are in the midst of a string of central bank d...