Pakistan fast bowler Rauf's 5-29 bowls out Australia for 163 in 2nd ODI

ADELAIDE, Australia (AP) — Haris Rauf took five wickets for 29 runs with his relentless pace as Australia was bowled out for 163 in the second one-day international against Pakistan on Friday.

Rauf, who nearly pulled off victory for Pakistan in the first game at Melbourne Cricket Ground on Monday, found the outside edges of the bat by consistently by hitting the right lengths.

Captain Mohammad Rizwan took five catches — four off Rauf's bowling — and could have had a sixth had he not dropped a top-edge off Adam Zampa (18) before Australia was dismissed in 35 overs.

Shaheen Shah Afridi (3-26) provided the Pakistan breakthrough inside the first power play after Rizwan won the toss and elected to field. Jake Fraser-McGurk hit three crisp boundaries on the off side in Naseem Shah’s first over and provided Australia a rollicking start before Afridi’s twin strike pushed back Australia.

Afridi dropped Matt Short at deep fine leg when the ball burst through his hands to the boundary but the left-arm fast bowler made amends when he had Short caught at covers after trapping Fraser-McGurk plumb leg before wicket.

Afridi ended Australia's below-par innings when Zampa played a full ball back onto his stumps. Zampa flicked Naseem Shah for a six and a four in an over which enabled the home team to cross the 150-run mark.

Rauf, who took 3-67 in the first match before Australia emerged with a two-wicket win, then sliced through the middle-order with only Steve Smith scoring 35 off 48 balls before he too chased a wide short ball of Mohammad Hasnain and edged behind the wicket.

Fast bowler Josh Hazlewood replaced Sean Abbott in the only change Australia made from the team which edged Pakistan in the first game.

Mitchell Starc, Smith, Marnus Labuschagne, Cummins and Hazlewood all will be rested for the final game of the series on Sunday at Perth ahead of five-test series against India, starting Nov. 22 in Perth.

Wicketkeeper-batter Josh Inglis was named interim captain for the last ODI at Perth. He will also lead the side in next week’s three T20s against Pakistan with Mitchell Marsh and Travis Head away on paternity leave.

AP cricket: https://apnews.com/hub/cricket

Pakistan's Mohammad Rizwan drops a catch against Australia during their one day international cricket match in Adelaide, Australia, Friday, Nov. 8, 2024. (AP Photo/James Elsby)

Australia's Glenn Maxwell plays a shot during the second one day international cricket match between Australia and Pakistan in Adelaide, Friday, Nov. 8, 2024. (AP Photo/James Elsby)

Australia's Josh Inglis a hits an edge and is caught out by Pakistan's captain Mohammad Rizwan off the bowling of Pakistan's Haris Rauf during the second one day international cricket match between Australia and Pakistan in Adelaide, Friday, Nov. 8, 2024. (AP Photo/James Elsby)

Australia's Glenn Maxwell chops onto his stumps off the bowling of Pakistan's Haris Rauf during their one day international cricket match in Adelaide, Australia, Friday, Nov. 8, 2024. (AP Photo/James Elsby)

Pakistan's Naseem Shah, center, is congratulated by teammates after taking the wicket of Australia's Mitchell Starc during their one day international cricket match in Adelaide, Australia, Friday, Nov. 8, 2024. (AP Photo/James Elsby)

Australia's Glenn Maxwell bats against Pakistan during their one day international cricket match in Adelaide, Australia, Friday, Nov. 8, 2024. (AP Photo/James Elsby)

Pakistan's Haris Rauf, left, celebrates taking the wicket of Australia's Aaron Hardie, right, during their one day international cricket match in Adelaide, Australia, Friday, Nov. 8, 2024. (AP Photo/James Elsby)

Pakistan's Haris Rauf jumps in air as he celebrates the dismissal of Australia's Josh Inglis during the second one day international cricket match between Australia and Pakistan in Adelaide, Friday, Nov. 8, 2024. (AP Photo/James Elsby)

Pakistan's Haris Rauf, right, celebrates with teammates after the dismissal of Australia's Marnus Labuschagne during the second one day international cricket match between Australia and Pakistan in Adelaide, Friday, Nov. 8, 2024. (AP Photo/James Elsby)

Pakistan's Haris Rauf, left, celebrates the wicket of Australia's Glenn Maxwell during their one day international cricket match in Melbourne, Monday, Nov. 4, 2024. (AP Photo/Asanka Brendon Ratnayake)

Australia's not-out batters Pat Cummins, right, and Mitchell Starc walk off the ground after their win over Pakistan during their one day international cricket match in Melbourne, Monday, Nov. 4, 2024. (AP Photo/Asanka Brendon Ratnayake)

HONG KONG (AP) — Asian shares opened higher but ended Friday mixed after the Federal Reserve cut interest rates again to ease pressure on the U.S. economy.

Oil prices fell while U.S. futures edged higher.

Markets in Hong Kong and Shanghai fell as investors awaited much-anticipated steps by Beijing to rev up the slowing Chinese economy following a meeting of the legislature’s Standing Committee

“If Beijing delivers, we might see a powerful rally ripple through the region as investors gear up for a fresh surge in market momentum,” Stephen Innes of SPI Asset Management said in a commentary.

Hong Kong's Hang Seng erased early gains, falling 0.7% to 20,802.88. The Shanghai Composite index dropped 0.3% to 3,462.71.

Japan's Nikkei 225 index gained 0.3% to 39,498.21.

Shares in Japanese automaker Nissan Motor Corp. plummeted nearly early Friday, after the company on Thursday announced that it will dismiss 9,000 workers and slash its global production capacity by 20% due to falling sales and rising costs and inventory.

In South Korea, the Kospi shed 0.1% to 2,561.63, while Australia’s S&P/ASX 200 gained 0.8%, to 8,295.10.

On Thursday, the S&P 500 climbed 0.7% to 5,973.10, adding to its surge from the day before following Donald Trump’s presidential victory. The Dow Jones Industrial Average was virtually unchanged at 43,729.34, while the Nasdaq composite rallied 1.5% to 19,269.46.

The Fed’s announcement that it was easing its main interest rate by a quarter of a percentage point caused few ripples in the market because even the precise size of it was so well anticipated by investors.

The central bank began easing rates in September and indicated more cuts were likely to come, as it focuses more on keeping the job market humming after helping get inflation nearly down to its 2% target. What’s less certain in the minds of investors now is how much Trump’s victory may upset the Fed’s plans.

Trump is pushing for tariffs and other policies that economists say could drive inflation higher, along with the economy’s growth. Traders have already begun paring forecasts for how many cuts to rates the Fed will deliver next year because of that. While lower rates can boost the economy, they can also give inflation more fuel.

For now, Fed Chair Jerome Powell said, nothing is changing. “In the near term, the election will have no effects” on interest-rate policy, he said.

At this point, Powell said it’s still not clear what the policies will be after Trump returns to the White House.

“We don’t guess, we don’t speculate and we don’t assume,” he said.

JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow Jones Industrial Average's slight loss.

Smaller U.S. stocks also lagged the market, with the Russell 2000 index down 0.4%. A day before, it more than doubled the S&P 500’s gain on expectations that Trump’s America-First priorities would most benefit smaller, more domestically focused companies.

The stock that’s become most synonymous with the president-elect, Trump Media & Technology Group, fell 23%.

The yield on the 10-year Treasury bond eased to 4.33% from 4.44% late Wednesday.

A report on Thursday showed slightly more U.S. workers applied for unemployment benefits, though the number remains relatively low. A separate report suggested U.S. workers improved their productivity during the summer, which can help keep a lid on inflation, but not by quite as much as economists expected.

In other dealings early Friday, U.S. benchmark crude oil lost 57 cents to $71.79 per barrel in electronic trading on the New York Mercantile Exchange.

Brent crude, the international standard, gave up 51 cents to $75.12 per barrel.

The dollar fell to 152.87 Japanese yen from 152.94 yen. The euro slipped to $1.0777 from $1.0804.

People stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Nov. 8, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Nov. 8, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

A person walks in front of an electronic stock board showing Tokyo Stock Price index at a securities firm Friday, Nov. 8, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Nov. 8, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)