Asian Pacific stocks traded mostly lower following the People's Bank of China's (PBoC) decision to keep the medium-term lending facility loan rate unchanged. Investors also continued to digest China's recent Consumer Price Index (CPI) report. The markets also reflected investors' expectations concerning the annual World Economic Forum in Davos, as well as rising tensions on the Korean peninsula.
Australia's S&P/ASX 200 lost 0.10% at 3:02 am CET, with South Korea's Kospi Composite down by 0.08% a minute later.
Hong Kong's Hang Seng fell by 0.34% at 3:03 am CET, while, on the Chinese mainland, the Shanghai Composite and the Shenzhen Composite decreased by 0.41% and 0.77%, respectively and Japan's Nikkei 225 was up 0.63% at 3:04 am CET.
The dollar traded 0.11% higher against the yen, going for ¥145.0595 at 3:05 am CET.
