Asian markets mixed: Japan skids; China helped by rate cut

Markets were mixed in Asia on Monday, with Japan’s benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China’s shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of securities and tax cuts. South Korea’s Kospi was flat, at 2,242.50, while the Hang Seng in Hong Kong climbed 0.5% to 27,953.73. …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.