Posts in tag
Vanguard FTSE Pacific Index Fund ETF Shares
Asia Pacific stocks mixed as China cuts loan prime rates; US crude plummets
Asia Pacific stocks were mixed in Monday afternoon trade as China cut its benchmark lending rate. Mainland Chinese stocks were higher by the afternoon. The Shanghai composite gained 0.3% while the Shenzhen composite edged 0.654% higher. That came as China cut its one-year loan prime rate to 3.85% from 4.05%. The five-year loan prime rate was …