Asian markets mostly higher after China keeps lending rate unchanged


Source: seekingalpha.com seekingalpha.com

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Japan (NKY:IND) +1.00%. The Japanese yen hovered 34-year lows around 154.7 per dollar, near the psychologically important 155 level that could possibly prompt government intervention. China (SHCOMP) -0.34% The PBOC leaves benchmark rates unchanged in April, as per expectations. The 1-year loan prime rate was maintained at 3.45%, while the 5-year rate retained at 3.95%. Hong Kong (HSI) +1.90%. Indonesia's trade surplus increased to $4.47B in March 2024. Imports to Indonesia declined by 12.76% from a year earlier. Exports from Indonesia fell 4.19% from a year earlier to $22.43B. India (SENSEX) +0.56%. Australia (AS51) +1.08%. In the U.S., on Friday,...