Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Japan's Nikkei 225 leads gains in Asia markets ahead of BOJ meeting; China shares rise after data

This is CNBC's live blog covering Asia-Pacific markets.

Japan's Nikkei 225 index led gains in Asia-Pacific markets on Monday, while China shares extended gains after data showed its economy kicked off the year on a strong note.

The U.S. Federal Reserve will start its Federal Open Market Committee meeting on Tuesday. A Reuters poll of economists is expecting the Fed to hold its benchmark interest rates steady at 5.25% to 5.5%.

In Asia, the Reserve Bank of Australia is expected to keep its cash rate steady at 4.35% when it concludes its meeting on Tuesday.

In contrast, a Reuters poll expects the Bank of Japan to exit its negative interest rate policy and lift its benchmark rate to 0% from -0.1% when it makes its announcement on Tuesday.

Japan's Nikkei 225 rose 2.2%, while the Topix climbed 1.6%.

In Europe, the Bank of England is expected to keep rates unchanged at 5.25%.

Data showed retail sales and industrial production in China rose more than expected in the first two months of the year. The unemployment rate for cities was 5.3% in February.

China's CSI 300 index rose 0.49% after the data.

Hong Kong's Hang Seng index pared declines to trade near the flatline after opening nearly 0.3% lower.

In Australia, the S&P/ASX 200 slipped 0.06%.

South Korea's Kospi was 0.42% higher after recording an almost 2% loss on Friday, while the small-cap Kosdaq was up 1.45%.

The Taiwan Weighted index was 0.41% higher, with shares of Taiwan Semiconductor Manufacturing Company up 1.2%.

On Friday in the U.S., all three indexes fell on Friday as inflation concerns remain front and center ahead of the Federal Reserve's policy meeting.

The S&P 500 lost 0.65%, while the Dow Jones Industrial Average dipped 0.49%, while the Nasdaq Composite slipped 0.96%.

Read more on cnbc.com