China rally loses steam as authorities disappoint markets; Hong Kong stocks plunge more than 9%
This is CNBC's live blog covering Asia-Pacific markets.
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This is CNBC's live blog covering Asia-Pacific markets.
New Zealand's central bank has slashed its benchmark interest rate by 50 basis points after its monetary policy meeting, marking a second straight cut to its benchmark interest rate.
SINGAPORE — Singapore on Friday charged property billionaire Ong Beng Seng on two counts relating to the obstruction of justice and abetment, according to local media, in a case involving a former government minister.
Asia-Pacific markets closed mixed on Tuesday, after Federal Reserve Chair Jerome Powell indicated the recent outsized cuts enacted by the U.S. central bank should not be interpreted as a sign that future moves will be as aggressive.
Stocks in mainland China surged over 8% for its best day in 16 years while Japan's Nikkei 225 tumbled 4.8% on Monday as investors assessed key economic data from the two countries.
Japan's Nikkei 225 tumbled over 4% on Monday, following a mixed set of economic data out of Japan and as traders reacted to the election of incoming Prime Minister Shigeru Ishiba.
Australia's inflation rate has come within the RBA's target range in the month of August, easing from 3.5% in July to 2.7%., according to a Wednesday release from the country's Bureau of Statistics.
Bank of Japan board members are split over the future path of interest rates, minutes of the central bank's monetary policy meeting in July showed.