Asian markets mixed after China cuts loan prime rate

2020-02-19

Asian markets were mixed in early trading Thursday after China’s central bank cut its loan prime rate, as expected. The People’s Bank of China cut its benchmark one-year loan prime rate by 10 basis points, and the five-year loan prime rate by 5 basis points. That came days after centralRead More →

Asian markets mixed on new optimism for U.S.-China trade deal

2019-11-25

Asian shares were mixed after an upbeat start Tuesday on optimism over U.S.-China trade talks, prompted by Beijing’s new guidelines for the protection of patents and copyrights. Japan’s benchmark Nikkei 225 NIK, +0.35%   advanced 0.6% in morning trading. Australia’s S&P/ASX 200 XJO, +0.83%   gained 0.7%. South Korea’s KospiRead More →