Asia marketplaces opens combined as markets await conclusion on China&#x27s important lending fees

Asia marketplaces opens combined as markets await conclusion on China&#x27s important lending fees


Aerial perspective of cars remaining pushed on the street via the central small business district on October 5, 2020 in Beijing, China.

Zhang Qiao | Visual China Group | Getty Illustrations or photos

Asia-Pacific markets opened blended Tuesday, as buyers await an update from China’s central financial institution on its key lending prices.

In Australia, the S&P/ASX 200 dipped .08%, when futures for Hong Kong’s Hang Seng index stood at 16,207 pointing to a much better start in comparison with the HSI’s close of 16,155.61.

Japan’s Nikkei 225 was .21% greater in its 1st hour of trade as the index continues to hover in close proximity to record highs. South Korea’s Kospi shed .36%.

Traders will observe the People’s Bank of China’s announcement on its one- and five-12 months personal loan primary fees. The 1- and 5-12 months LPR now stand at 3.45% and 4.2%, respectively.

U.S. markets ended up shut for the Presidents Day vacation.



Source

BOJ’s Ueda expects tightening job market to push up wages
World

BOJ’s Ueda expects tightening job market to push up wages

Bank of Japan Governor Kazuo Ueda attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Symposium in Jackson Hole, Wyoming on Aug. 23, 2025. Jim Urquhart | Reuters Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to keep accelerating due to a tightening job […]

Read More
From NYC to Cape Town and Shanghai: The 10 best cities for Gen Z to live in, according to them
World

From NYC to Cape Town and Shanghai: The 10 best cities for Gen Z to live in, according to them

In August, Time Out released its annual ranking of the word’s best cities, which includes the top cities for food, culture, and nightlife. For the first year, Time Out included the 10 best cities for for Gen Z to live in, according to them. The survey of over 18,500 people from around the world and […]

Read More
Medtronic makes two key additions to its board. How activist Elliott can build shareholder value
World

Medtronic makes two key additions to its board. How activist Elliott can build shareholder value

Michael Siluk | Education Images | Universal Images Group | Getty Images Company: Medtronic PLC (MDT) Business: Medtronic PLC is an Ireland-based company, which provides health-care technology solutions. The company’s products category includes Advanced Surgical Technology; Cardiac Rhythm; Cardiovascular; Digestive & Gastrointestinal; Ear, Nose & Throat; General Surgery; Gynecological; Neurological; Oral & Maxillofacial; Patient Monitoring; […]

Read More