U.S. Government Reopens as 43-Day Shutdown Ends; Fed Faces Data Blackout

The U.S. government has begun reopening after a 43-day shutdown, the longest in history, offering temporary relief to investors and federal employees. But concerns linger as the White House warned that the nation’s statistical system may have suffered permanent damage — meaning both the October payroll and CPI reports may never be released, leaving the Federal Reserve “flying blind” at a critical policy juncture. In Asia, Tencent…

Nov 13, 2025 7:55 AM

The U.S. government has begun reopening after a 43-day shutdown, the longest in history, offering temporary relief to investors and federal employees. But concerns linger as the White House warned that the nation’s statistical system may have suffered permanent damage — meaning both the October payroll and CPI reports may never be released, leaving the Federal Reserve “flying blind” at a critical policy juncture.

In Asia, Tencent Holdings Ltd., China’s most valuable company, posted 15% revenue growth and a 19% jump in profit for the third quarter, topping market estimates. Shares of Prosus NV, which owns a 25% stake in Tencent, rose 2% in Amsterdam. Meanwhile, Alibaba Group Holding Ltd. is reportedly preparing a major revamp of its flagship AI application to better compete with ChatGPT.

Across markets, Asian equities advanced about 0.5%, while European stocks were marginally higher. U.S. equity futures traded flat after recent gains.

Gold extended its rally, climbing 0.5% to $4,235 an ounce, as investors continued to favor the metal amid heightened policy uncertainty and a weakening U.S. data outlook.