This is C온라인카지노사이트's live blog covering Asia-Pacific markets.

Asia-Pacific markets climbed Tuesday as China cut its key lending rates by 10 basis points in a move to boost its economy, at a time when trade tensions threaten to derail growth.

The People's Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from 3.6%.

Hong Kong's rose 1.28%, while mainland China's CSI 300 added 0.48%.

Japan's benchmark rose 0.45%, while the Topix added 0.32%. South Korea's climbed 0.29% while the small-cap Kosdaq jumped 0.62%.

Likewise, Australia's benchmark S&P/ASX 200 rose 0.39%.

Australia's central bank cut its policy rate to 3.85%, its lowest level since May 2023, as inflation concerns in the country continue to recede, giving room for the bank to ease monetary policy.

Australia's inflation has been on a downtrend, with the most recent headline inflation coming in in the first quarter of 2025.

The Reserve Bank of Australia has that bringing inflation to sustainably remains its highest priority. The Commonwealth Bank of Australia expects the RBA to cut the cash rate by 25 basis points to 3.85%.

The RBA said in its that returning inflation sustainably to its target of between "within a reasonable timeframe" is its highest priority.

Investors are also assessing the world's largest battery manufacturer Contemporary Amperex Technology which rose over 11% in its Hong Kong trading debut on Tuesday.

U.S. stock futures were little changed.  rose less than 0.1%.  were down 0.1%, while futures tied to the  added 54 points, or 0.14%.

Overnight stateside, the three major averages . The  posted a slim gain on Monday as Treasury yields came off their highs and investors sought to look past Moody's downgrade of the United States' credit rating. The benchmark added 0.09% and closed at 5,963.60, marking its sixth consecutive winning session.

The  inched up 0.02% to end at 19,215.46. The  rose 137.33 points, or 0.32%, and settled at 42,792.07. The 30-stock index was aided by a rebound in , which saw an 8% jump after a recent bout of hard selling.

— C온라인카지노사이트's Lisa Kailai Han and Alex Harring contributed to this report.

Bank of Singapore sees Chinese yuan strengthening, constraining scope for other Asian currencies to appreciate

Bank of Singapore amended its 12-month forecast for the onshore Chinese yuan from 7.4 against the greenback to 7.1 following an improvement in sentiment of the currency following the U.S.-China trade truce.

Recession risks have eased for both the U.S. and China amid the recent de-escalation of trade tensions, Bank of Singapore's currency strategist Sim Moh Siong wrote in a note dated Tuesday.

"The USD regained some poise, G10 FX markets settled into consolidation and the CNY depreciation risk eased as the tariff drama quietened down and markets turned their focus to U.S. deficits," Sim added.

"This in turn will constrain the scope for appreciation for other Asian currencies, even as North Asian currencies like the TWD and KRW have appreciated on reports that currency discussions could be part of trade talks with the U.S.," he noted.

The is currently trading at 7.2227 against the dollar.

—Lee Ying Shan

Shares in China’s CATL jump 14% in Hong Kong debut as battery maker rides electric-vehicle boom

Shares of the world's largest battery manufacturer Contemporary Amperex Technology rose as much as 14% in their Hong Kong trading debut on Tuesday.

Shares were last  on the Hong Kong stock exchange, compared with the initial public offering . 

The  HK$35.7 billion ($4.6 billion) according to a , reportedly making it the. CATL shares on mainland China's Shenzhen Stock Exchange were down 0.5%.

Read the full story .

—Lee Ying Shan, Dylan Butts

China cuts benchmark lending rates for the first time in 7 months in Beijing’s growth push

China cut its key lending rates by 10 basis points on Tuesday, as Beijing ramps up efforts to boost its economy at a time when trade tensions threaten to derail growth.

The People's Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from 3.6%.

This marked the first reduction in rates since the central bank's, as Beijing intensifies efforts to shore up its economy.

The benchmark lending rates — normally charged to banks' best clients — are calculated monthly based on designated commercial banks' proposed rates submitted to the PBOC.

Read the full story .

—Anniek Bao

Nippon Steel intends to invest $14 billion into U.S. Steel's operations: Reuters

Nippon Steel intends to invest $14 billion into U.S. Steel's operations, Thursday, citing sources familiar with the matter

The investment will include up to $4 billion in the construction of a new steel plant, although that is contingent on U.S. President Donald Trump's administration approving Nippon Steel's takeover of the American steelmaker, Reuters reported.

The investment plan also outlined $11 billion being allocated for upgrading U.S. Steel's infrastructure through 2028.

Shares of Nippon Steel traded 0.12% higher.

—Reuters, Lee Ying Shan

Challenging for China to reach its 'around 5%' growth target, says Nomura

It will be "quite challenging" for Beijing to achieve its "around 5%" growth target unless it unveils a sizable stimulus package, said Nomura.

The bank's economists expect the second quarter GDP to see a bump as exporters rush to front-load shipments before the end of the 90-day pause from the U.S.-China trade war truce. However, Nomura forecasts an "evident slowdown" from the second quarter to the third and fourth quarters after the exports front-loading ceases.

"Considering the respite on the trade war, Beijing might be under less pressure to introduce the necessary stimulus and reforms," Nomura's economists wrote in a note.

"The property sector is still contracting, with a high risk of the economy suffering from a double whammy."

—Lee Ying Shan

Japan’s corporate earnings season set to conclude with all-time high profits, forecasts Asset Management One

Japanese firms are projected to close out this year's earnings season in May with record profits, according to Asset Management One.

The asset manager expects earnings per share for companies listed on the TOPIX index to climb 8.9% in 2025 and 9.7% in 2026, buoyed by stronger corporate governance, rising wages, and resilient consumer demand.

The asset management firm also noted that Japanese stocks remain undervalued, with listed firms trading at a 13.5x price-to-earnings ratio — down from 14.1x in January.

—Lee Ying Shan

S&P 500 posts a slim gain Monday

The closed marginally higher on Monday.

The benchmark added 0.09%, finishing at 5,963.60. The rose 137.33 points, or 0.32%, settling at 42,792.07, while the edged up 0.02% and closed at 19,215.46.

— Lisa Kailai Han

China says U.S. undermined trade talks with Huawei chip warning

China said Monday that the U.S. has between the two countries after the U.S. warned industry against using Huawei chips.

"China urges the U.S. to immediately correct its wrong practices and stop discriminatory measures against China," a spokesperson for China's Ministry of Commerce told a reporter, according to a Google translation.

"If the U.S. insists on its own way and continues to substantially damage China's interests, China will take resolute measures to safeguard its legitimate rights and interests," the spokesperson said.

— Kevin Breuninger, Spencer Kimball