Still, there have been positive developments on the coronavirus vaccine front, with the U.S. Food and Drug Administration approving Moderna's Covid-19 vaccine for emergency use.
SINGAPORE — Stocks in Asia-Pacific traded mixed Monday morning, with investors looking ahead to the release of China's benchmark lending rate.advanced 0.12% while the Topix index gained 0.17%. South Korea's Kospi was fractionally lower.MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.08% lower.
China is set to announce its latest loan prime rates at around 9:30 a.m. HK/SIN. Analysts and traders in a recent Reuters poll expect no change to either the one-year or the five-year LPR.situation in parts of North Asia such as Japan and South Korea remains severe and could weigh on investor sentiment.
thank you very much for your work