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GLOBAL MARKETS-Asia shares tick higher as China cuts repo rate

Asian shares blipped higher on Monday after Beijing surprised markets by trimming a key interest rate for the first time since 2015, stirring speculation that more stimulus was on the way for the world's second-largest economy. [Source]

Publication Date:

Origin: reuters.com

Category: companyNews

Topics: rate, higher, shares, blipped, repo

Source Link: http://feeds.reuters.com/~r/reuters/companyNews/~3/NW5XLpQjR3M/global-markets-asia-shares-tick-higher-as-china-cuts-repo-rate-idUSL4N27Y03J

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