Asian shares experienced early gains following a Wall Street rally fueled by signs of a cooling US labor market, reinforcing expectations of Federal Reserve rate cuts. Japan’s Nikkei-225 surged after President Trump’s trade agreement implementation. Investors are closely watching upcoming jobs data, hoping for a gentle deceleration that prompts Fed action without signaling deeper economic concerns.
India Inc reduced overseas bond issues on local liquidity, rupee fall
Indian companies scaled back overseas bond issuances as improved domestic liquidity and a weaker rupee made local fundraising more attractive.