Market Overview - Asian markets experienced fluctuations at the end of a strong week for investors following a US interest rate cut, with focus shifting to an upcoming call between Donald Trump and Xi Jinping [1] - The US Federal Reserve lowered borrowing costs for the first time since December, indicating a data-dependent approach for future rate reductions [2] - Major US stock indexes reached record highs, driven by a surge in technology stocks [3] Company Developments - Nvidia announced a $5 billion investment in Intel to jointly develop processors for PCs and data centers, highlighting collaboration in the tech sector [4] - The upcoming discussions between Trump and Xi are expected to address ownership changes for TikTok, reflecting ongoing trade negotiations between the US and China [5] Economic Indicators - Initial jobless claims in the US showed a sharp drop, yet expectations for continued rate cuts remain high due to the overall labor market trends [2][3] - The Bank of Japan is anticipated to maintain interest rates amid political uncertainty, with potential implications for future monetary policy [6][7]