Asia shares sluggish in early trade, China stimulus in focus

April 20, 2015 12:38 AM

61 0

Asia shares sluggish in early trade, China stimulus in focus

TOKYO (Reuters) - Asian shares dipped in early trading on Monday after a weak performance on Wall Street, though China's latest stimulus to shore up the world's second-largest economy was likely to underpin sentiment.

China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to bolster slowing growth.

Also read: Bitcoin plunges more than $2,500 after hitting new record

Read more

To category page

Loading...