Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Asian markets open mixed

Economies.com
2020-05-20 04:19AM UTC

Asian stock indices opened the third session of the week mixed with Japan, Australia and South Korea higher, while China, New Zealand, and Hong Kong lost ground, after the People's Bank of China maintained one-year interest rates at 3.85% and five-year rates at 4.65% as expected. 

 

Earlier Japanese data showed machine orders fell 0.4% in March m/m, while down 0.7% y/y. 

 

Bank of Japan will hold an emergency meeting next Friday with Fed officials expected to maintain rates at negative 0.10% and launch more stimuli. 

 

Japan's TOPEX rose 0.58%, while Nikkei 225 rallied 1% t 20,637. 

 

China's CSI 300 slipped 0.49%, while Shanghai shed 0.45% to 2,885. 

 

Hong Kong's Hang Seng inched down 0.14%, while South Korea's KOSPI gained 0.20% to 1,984. 

 

New Zealand's NZX 50 fell 0.25%, while Australia's S&P/ASX 200 rose 0.02% to 5,560.40. 

Asian Market News

Americas News

Markets

NASDAQ, S&P 500 scale fresh record highs
2025-09-15 15:40PM UTC
US stock indices rose on Monday as investors closely watched the upcoming Federal Reserve ...
Americas News

Markets

Wall Street hits record highs, Dow Jones above 46,000 points for first time ever
2025-09-11 15:40PM UTC
US stock indexes climbed to fresh record highs on Thursday after the release of key inflation data, ...
Americas News

Markets

Wall Street expands gains on Fed rate cut bets
2025-09-08 16:13PM UTC
US stock indices rose during Monday’s session as bets on a Federal Reserve interest rate cut ...