Story perspectives
Asia-Pacific Markets Mixed as China Maintains Loan Rates
7/21/2025
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Story summary
- Asia-Pacific markets displayed mixed results as China's central bank held loan prime rates steady at 3.0% and 3.5%.
- U.S. Commerce Secretary Howard Lutnick set August 1 as the firm deadline for new tariffs, with discussions permitted afterward.
- South Korea and China saw gains in major indices, while Australia's ASX 200 declined; Japan's markets were closed for a holiday.
