Asia Daily Update: Top Stories from November 28, 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 to energy shifts and regional events — these stories matter. What’s your take? Share in the comments!

1. Asian shares end tough November on firmer ground, boosted by Fed rate-cut hopes

Equities across Asia rebounded, helped by growing expectations that the U.S. Federal Reserve (Fed) will cut interest rates in December — calming investor nerves after weeks of volatility. Markets from Tokyo to Seoul saw gains, while Treasury yields rallied and safe-haven assets stabilized. 1

2. Gold hits two-week high as market eyes potential rate cuts

Driven by rising rate-cut bets and weaker bond yields, gold prices surged to fresh highs in Asia — offering a safe-haven alternative as equity uncertainty lingers. 2

3. Oil buyers in Asia brace for lower January crude prices as Saudi supply dips

Saudi Aramco is expected to lower its January crude oil pricing to Asian buyers — the lowest in five years — amid soft global demand and concerns over supply. This could offer some relief to energy-importing Asian economies. 4

4. Flood-stricken Southeast Asia counts over 320 fatalities — recovery efforts underway

Devastating floods across multiple Southeast Asian countries have claimed at least 321 lives. Rescue and relief operations are ongoing as governments deploy emergency aid and assess damage, highlighting climate and disaster-resilience challenges in the region. 5

That’s the wrap for November 28’s top Asia stories!
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Created with a little AI help — all stories are drawn from reliable sources including Reuters and major global outlets.