Asian shares break losing streak as China cuts key mortgage rate
Wednesday, 19 Jan 2022 18:00 pm

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  • MSCI Asia ex-Japan +1%, Nikkei 225 +1.11%
  • European share futures point to higher open
  • China cuts mortgage reference rate for first time in nearly 2 years
  • Risk of Russia-Ukraine flare up could weigh on markets -ING

SHANGHAI, Jan 20 (Reuters) - Asian share markets broke a five-day slide, pushing higher on Thursday as China underscored its diverging monetary and economic picture by cutting benchmark mortgage rates.