Japan’s Nikkei share average saw a 1.7% rise, spurred by a surprising decrease in U.S. unemployment claims which alleviated recession fears. A softer yen also provided relief. This rally aligns with strong performances of U.S. stocks where Nasdaq and S&P 500 both saw over 2% gains. Market volatility earlier in the week was notable.
India’s free trade pacts not paused, all talks progressing as per schedule: Official
India is proceeding with its free trade agreement negotiations with various countries and blocs, including the UK and the EU, according to a government official.