Japan shares jump 2%, Asia marketplaces increase after U.S. reaches tentative credit card debt ceiling offer

Japan shares jump 2%, Asia marketplaces increase after U.S. reaches tentative credit card debt ceiling offer


TOKYO, JAPAN – SEPTEMBER 19: A normal view of the Tokyo Tower and town on September 19, 2019.

Clive Rose – Planet Rugby | Earth Rugby | Getty Images

Asia-Pacific markets are largely increased after U.S President Joe Biden and congressional leaders attained a tentative offer to elevate the personal debt ceiling around the weekend. The monthly bill is expected to be voted on later on this 7 days.

In Japan, the Nikkei 225 continued to force 33-12 months history degrees as it jumped 2% on the open up, with the Topix also getting 1.26%.

In Australia, the S&P/ASX 200 climbed 1.36%, although South Korean marketplaces are shut Monday for a vacation.

Stocks in Hong Kong are set to buck the pattern inspite of the over-all optimism, with Cling Seng index futures at 18,536 in contrast to the HSI’s near of 18,746.92.



Supply

Nine of the largest pharma companies ink deals with Trump to lower drug prices
World

Nine of the largest pharma companies ink deals with Trump to lower drug prices

President Donald Trump signs an executive order aimed at reducing the cost of prescription drugs and pharmaceuticals by 30% to 80% during an event in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images Several of the largest U.S. and European-based drugmakers inked deals with […]

Read More
Google’s boomerang year: 20% of AI software engineers hired in 2025 were ex-employees
World

Google’s boomerang year: 20% of AI software engineers hired in 2025 were ex-employees

Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images With the AI talent wars heating up between companies like OpenAI, Meta and Anthropic, one way Google has been competing is by aggressively rehiring […]

Read More
Claire’s new owner Ames Watson feuds with Asia-based suppliers over millions in unpaid debt
World

Claire’s new owner Ames Watson feuds with Asia-based suppliers over millions in unpaid debt

Chris Ratcliffe | Bloomberg | Getty Images Tween retailer Claire’s is facing legal challenges from some of its Asia-based suppliers over millions in unpaid debts as it tries to emerge from a second bankruptcy under new ownership, according to claims the suppliers filed in Hong Kong.  The clash with vendors comes as private equity firm […]

Read More