Asia Pacific stocks mixed as China cuts loan prime rates; US crude plummets

, , Comments Off on Asia Pacific stocks mixed as China cuts loan prime rates; US crude plummets

China cut its one-year loan prime rate to 3.85% from 4.05%. The five-year loan prime rate was also reduced to 4.65% from 4.75%. The moves marked the second cut to the loan prime rates for 2020.
( read original story …)