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FBM KLCI Lifted by Developments in US-China Trade, Fed Rate Bets

KUALA LUMPUR: The FBM KLCI gapped up in opening trade as Asian traders grew increasingly optimistic over a rate cut by the Federal Reserve in November, as well as progress in US-China trade talks.

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Stock exchanges down with attention to the Fed meeting and trade tension between the US and China. Photo: taken from Freepik Asia-Pacific Stock Exchanges Most Asian stock markets fell slightly on Tuesday, while investors assimilated new developments in U.S. diplomacy in the region and expected a number of key decisions from central banks later this week. In Asia, Tokyo's main stock exchange index, the Nikkei, fell by 0.58% this Tuesday for profi…

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Wall Street indexes hit new records amid US-China trade talks and expected Fed rate cutUS stock indexes rose to historic highs: Dow Jones up 0.42%, S&P 500 up 0.89%, Nasdaq up 1.54%. The growth was supported by expectations of a meeting between Trump and Xi Jinping, as well as the expected Fed rate cut of 25 basis points.

·Kyiv, Ukraine
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The Star Kuala Lumpur broke the news in Malaysia on Monday, October 27, 2025.
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