Asia markets mixed as investors await China loan prime rates; New Zealand exits technical recession - CNBC

The one-year loan prime rate serves as a benchmark for most corporate and household loans, while the five-year rate serves as a peg for property mortgages.

By: CNBC

Jun 21 2024
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Asia-Pacific markets were mostly lower on Thursday as China kept its one- and five-year loan prime rates unchanged. The one-year loan prime rate serves as a benchmark for most corporate and househol… [+982 chars]

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