investingLive Asia-Pacific FX news wrap: Trump moves to fire Cook, gold jumps

8 months ago 31

Asian shares dip as Wall St. retreats from highs. Nikkei down 1.1%, S&P 500 -0.4%. Fed rate cut hopes fade, yields rise.

Associated Press Finance

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investingLive Asia-Pacific FX news wrap: Trump moves to fire Cook, gold jumps. Financial market news for Asian trading on Tuesday, August 26, 2025.

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Pantera eyes $1.25B Solana treasury, potentially boosting SOL's institutional appeal but risking volatility with concentrated holdings.

Altria (MO) yields 6% & gained 29% YTD, but faces volume declines & a high payout ratio. ON! pouches offer growth.

Tekscend Photomask eyes $2B IPO valuation, aiming for Tokyo listing. Traders watch chip sector IPOs.

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Gold jumps on Fed independence fears & potential rate cuts. Trump's move on Cook sparks haven demand. Traders eye inflation data.

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