Major stock exchanges in the Asia-Pacific region continued trading mixed on Tuesday as investors remained cautious, trying to gauge whether or not the crisis in the banking sector has peaked. Meanwhile, talking about inflation goals, Bank of Japan Governor Haruhiko Kuroda underlined it is too early to exit the loose monetary policy pathway the bank has been following, as the sustainable inflation target is yet to be met.
In mainland China, the Shanghai Composite rose 0.18% at 7:05 am CET, while the Shenzhen Composite fell 0.23% a minute later. At 7:07 am CET, Hong Kong's Hang Seng increased 0.85% and South Korea’s Kospi Composite advanced 0.70% simultaneously.
Australia's S&P/ASX 200 gained 0.93% at 7:07 am CET, while Japan's Nikkei stood flat at 7:08 am CET. Concurrently, the dollar traded 0.73% lower against the yen, selling for 130.60600.
