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Asian shares rise, Kiwi slumps as New Zealand cuts rates
PTVPhilippines
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1 year ago
Asian shares rise, Kiwi slumps as New Zealand cuts rates
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News
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00:00
Asian stocks increased following weak U.S. producer price data that raised prospects
00:05
for benign consumer price inflation.
00:08
Both the Japanese yen and IK faltered after Japanese Prime Minister Fumio Kishida announced
00:13
he would step down as ruling party leader in September.
00:17
The yen was down 2.2 percent.
00:19
Meanwhile, the New Zealand dollar fell 1.1 percent after the Reserve Bank of New Zealand's
00:25
slashed interest rates.
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