Asia-Pacific stocks mixed; China’s latest benchmark lending rate ahead

Asia-Pacific stocks mixed; China’s latest benchmark lending rate ahead


SINGAPORE — Shares in Asia-Pacific were mixed in Monday morning trade, as investors look ahead to the release of China’s latest benchmark lending rate.

The Nikkei 225 in Japan gained 0.58% in early trading while the Topix index climbed 0.45%. In South Korea, the Kospi also advanced 0.14%.

Australia’s S&P/ASX 200 dipped fractionally.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.11% higher.

Stock picks and investing trends from CNBC Pro:

Currencies

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 104.695 after a recent bounce from levels below 104.

The Japanese yen traded at 135.29 per dollar, weaker as compared to levels below 132 seen against the greenback last week. The Australian dollar changed hands at $0.6949 after dropping late last week from above $0.70.



Source

U.S. to inject .6 billion into rare earths miner for 10% stake, FT reports
World

U.S. to inject $1.6 billion into rare earths miner for 10% stake, FT reports

Alex Jech walks past equipment that will become part of the production line at USA Rare Earth’s facility in Stillwater, Oklahoma on June 20, 2025. Nick Oxford | The Washington Post | Getty Images The United States is planning to inject $1.6 billion into Oklahoma-based miner USA Rare Earth and will receive a 10% stake […]

Read More
Trump threatens to impose 100% tariff if Canada makes deal with China
World

Trump threatens to impose 100% tariff if Canada makes deal with China

US President Donald Trump speaks to the press upon returning to Joint Base Andrews in Maryland on January 13, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump on Saturday warned Canada that the U.S. would impose 100% tariff on goods sold in the U.S. if the country strikes a trade deal with […]

Read More
Therapists say they see more workers anxious about AI: It’s ‘a fear of becoming obsolete’
World

Therapists say they see more workers anxious about AI: It’s ‘a fear of becoming obsolete’

Fiordaliso | Moment | Getty Images Over the last few years, Emma Kobil, a trauma counselor in Denver, started noticing a new topic coming up with her patients: artificial intelligence. “I’ve had clients lose their jobs due to AI, and it’s something we’ve processed in our sessions,” Kobil said. Often, they express “shock, disbelief and […]

Read More