Similar Stories to Asian Markets Mixed: Japan Skids; China Helped By Rate Cut on Bing News

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.

Topics:  asia   japan   markets   mixed   china   rate cut   economy   
BING NEWS:
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    05/1/2024 - 6:30 pm | View Link
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    Typically, a weak yen is seen as a boon for Japan Inc, as it makes cars and other goods cheaper overseas and lifts profits when earnings from abroad are brought home. But it has also pushed up costs ...
    05/1/2024 - 4:00 pm | View Link
  • Asian stocks: China muted on mixed PMIs, Japan surges in catch-up trade
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  • Asian Markets
    MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5%, helped by a 1% jump ... and energy companies. Markets are also pondering the risk of slower rate cuts ahead of U.S. data ...
    04/22/2024 - 2:54 am | View Link
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