The US Federal Reserve’s 50-basis-point rate cut pushed the yen down and opened the door to more stimulus efforts by Beijing

Investors were playing the waiting game on Wednesday with the odds shortening on a sizeable US interest rate cut later in the day

With the odds shortening on a US rate cut, investors were in risk-taking mood with China’s property giants benefitting

Traders are banking on the Federal Reserve opting for a hefty interest rate cut this week to head off a downturn in the labour market

Investors were digesting the latest batch of downbeat economic figures out of China which showed output, sales and home prices under pressure

Weak industrial data causes Goldman Sachs and Citibank to cut growth forecasts, while Nomura says China may face a second wave of economic shocks

Group founder was transferred to a centre in Shenzhen a few months ago to allow him to easily communicate with Evergrande executives

Despite a hotter-than-hoped US inflation report, Japan shares leapt more than 3% while Hong Kong enjoyed a tech boost

US inflation, currency and rate moves, and the fallout from the first US presidential race TV debate all weighed on investor sentiment on Wednesday

The outlook for the US and Chinese economies saw investors ditch equities, sending bourses across the region intro retreat

All eyes were on US jobs figures due out later in the day as Tokyo extended its losing streak to four days while China stocks hit seven-month lows

Downbeat US manufacturing data and a turnaround in enthusiasm for AI darling Nvidia saw tech stocks dumped across the region