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Asia-Pacific markets rise as investors parse China loan prime rate cut
cnbc.com/2025/05/20/asia-pacific-markets-live-updates-rba-decision-china-lpr.html
Asia-Pacific markets climbed Tuesday as China cut its key lending rates by 10 basis points in a move to boost its economy, at a time when trade tensions threaten to derail growth.
The People's Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5%…
This story appeared on cnbc.com, 2025-05-20 04:21:41.866000.