Asia markets mixed as investors assess China's 5-year loan rate cut
Publishing timestamp: 2024-02-20 03:06:18
Summary
Asia-Pacific markets closed mixed as China's central bank cut lending rates. BHP beat profit expectations, while Star Entertainment fell on news of a second inquiry. Xpeng plans to hire 4000 new people and invest in AI technology. European stocks nudged higher. UBS uncovered overlooked stocks with upside potential.
Sentiment: MIXED
Tickers: .AXJO, .FTSE, .KS11, CNY=, .HSI, @CL.1, .N225, BHP-AU, XPEV, .STOXX, @LCO.1,
Keywords: markets, breaking news: markets, nikkei 225 index, japan, south korea, business news, australia, kospi index,
Source: https://www.cnbc.com/2024/02/20/asia-markets-china-loan-prime-rates-nikkei-225.html