Asian shares rose on Thursday, taking their cue from Wall Street, where a winning streak extended to a fourth straight day.
The future for S&P 500 and that for the Dow Jones Industrial Average were nearly unchanged.
Japan’s Nikkei 225 added 1.2% to 50,167.10 as investors bet that the Federal Reserve will cut interest rates at its Dec. 10 meeting.
The Japanese government also reportedly plans to issue 11 trillion yen ($70.5 billion) in new bonds to fund its economic package. Tech-related stocks advanced, with SoftBank Group jumping 3.6% and Kioxia Holdings up 7.9% following a nearly 15% rout the day before.
In Chinese markets, Hong Kong’s Hang Seng index picked up nearly 0.1% to 25,952.42, while the Shanghai Composite index climbed 0.3% to 3,875.26.
Gains were tempered by data that showed profits for the first ten months of 2025 at major Chinese industrial firms rose a lackluster 1.9% year-on-year, down from 3.2% growth in the previous period.
In South Korea, the Kospi added 0.7% to 3,986.91. The Bank of Korea kept its policy rate unchanged at 2.5%, supporting financial stability amid a weakened currency and market concerns on rising housing prices.
