Asian markets rise as traders prepare for expected US rate cut | Business

HONG KONG, Sept 16, 2025 (BSS/AFP) - Asian stocks rose again Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this week, while they are also keenly eyeing flagged talks between Donald Trump and Xi Jinping. While the outcome of the Federal Reserve's policy decision Wednesday is considered a fait accompli, there is still a lot of discussion over its plans for future meetings and its so-called "dot plot" outlook for borrowing costs. Bank boss Jerome Powell's post-meeting comments will also be pored over for an idea about decision-makers' thinking as the US jobs market slows and inflation remains stubbornly above target. "Jobless claims and unemployment are at their...