Asian markets finish mixed on Tuesday
Meanwhile, Chinese central bank (PBoC) kept its benchmark lending rates unchanged, as widely expected
Asian markets ended mixed on Tuesday tracking Wall Street's overnight losses as investors’ awaited direction from US corporate earnings, while concerns over surging corona-virus cases too dented the market sentiment. Japanese shares declined amid fears that possible reintroduction of Covid-19 lockdowns in the country, which could dampen the pace of economic recovery. Meanwhile, Chinese central bank (PBoC) kept its benchmark lending rates unchanged, as widely expected. The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate also was unchanged at 4.65 percent.
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