Global markets today: Asian markets opened on a positive note, mirroring Wall Street gains after the latest U.S. inflation data boosted hopes of a potential interest rate cut by the Federal Reserve next month.
Japan’s Nikkei 225 climbed 1 per cent after hitting a record high on Tuesday, while the broader Topix index gained 0.72 per cent.
In South Korea, the Kospi rose 1.07 per cent, and the small-cap Kosdaq advanced 0.88 per cent. Meanwhile, Australia’s S&P/ASX 200 edged up 0.29 per cent.
(This is a developing story)
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