Asia Daily Update: Top Stories from November 26, 2025

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Hello everyone, here’s your quick roundup of Asia’s biggest news from yesterday!
Sourced from trusted outlets like Reuters, AP News, BBC, and Al Jazeera. From markets and diplomacy to technology shifts — these stories matter. What’s your take? Share in the comments!

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1. Asia markets rally as weak U.S. data stokes hopes for Fed rate cut

Asian equities surged after U.S. retail sales and consumer-confidence data disappointed, renewing expectations that the Federal Reserve may cut interest rates soon. Markets from Tokyo to Seoul saw gains — boosting risk sentiment across the region.

2. Alibaba beats quarterly revenue expectations, driven by cloud and “instant-retail” momentum

Alibaba reported stronger-than-expected revenue for the quarter, as growth in its cloud business and fast retail delivery services helped offset pressure from fierce competition and cost inflation. The result has brought renewed investor optimism toward China’s tech sector.

3. Taiwan may train U.S. workers under new semiconductor-industry deal

According to reports, Taiwan could assist the U.S. by sending skilled workers and investment to expand American semiconductor manufacturing — part of a broader deal being negotiated by the U.S. administration. The agreement could reshape global tech supply-chain dynamics.

4. U.S. extends tariff exclusions on some Chinese industrial goods under trade truce

The United States granted a one-year extension of tariff exclusions for certain Chinese industrial and medical imports — including solar-energy equipment — as part of ongoing trade-truce measures. The move offers a temporary reprieve for Chinese exporters amid global trade tensions.

That’s the wrap for November 26’s top Asia stories!
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Created with a little AI help — all stories are drawn from reliable sources including Reuters, AP News, BBC, and Al Jazeera.