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

Powell confirms that the Fed would have cut by now were it not for tariffs
World

Powell confirms that the Fed would have cut by now were it not for tariffs

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank would have easier monetary […]

Read More
Banks say Trump’s ‘big beautiful bill’ could boost the U.S. economy – despite deficit concerns
World

Banks say Trump’s ‘big beautiful bill’ could boost the U.S. economy – despite deficit concerns

The U.S. Capitol in Washington, D.C. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump’s “big, beautiful bill” — or officially, the One Big Beautiful Bill Act — is a controversial piece of legislation, but some banks are in favor of it, saying it’s the shot in the arm the economy needs. It was advanced […]

Read More
Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies
World

Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies

Elon Musk speaks with U.S. President-elect Donald Trump as they watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images Shares of Tesla were under pressure on Tuesday after President Donald Trump said in a late […]

Read More