Asian shares mostly rise after Wall Street sets new records

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Asian shares are trading mixed after Wall Street set new records as investor anticipation grew that the U.S. Federal Reserve will announce the first cut of the year on its main interest rate

Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 16, 2025. (AP Photo/Ahn Young-joon)

By YURI KAGEYAMA – AP Business Writer

1 hour ago

TOKYO (AP) — Asian shares traded mixed on Tuesday after Wall Street set new records as investor anticipation grew that the U.S. Federal Reserve will announce the first cut of the year on its main interest rate.

Japan’s benchmark Nikkei 225 came off a holiday to momentarily reach about 45,000 points in the morning session, then traded 0.3% higher than the previous close at 44,904.13. Australia’s S&P/ASX 200 edged up 0.2% to 8,871.30. South Korea’s Kospi rose 1.1% to 3,446.13.

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YURI KAGEYAMA