Asia-Pacific markets rose on Tuesday as China reduced its key lending rates by 10 basis points to support its economy amid trade tensions that could hinder growth. China's central bank reduced the 1-year loan prime rate to 3.0 per cent from 3.1 per cent and the 5-year LPR to 3.5 per cent from 3.6 per cent. Hong Kong's Hang Seng index increased by 1.45 per cent, while mainland China's CSI 300 rose by 0.57 per cent to end the day at 3,899.37. Japan's Nikkei 255 rose 0.08 per cent to close at 37,529.49, and the Topix added 0.02 per cent to close at 2,738.83. South Korea's Kospi closed flat at 2,601.8, while the Kosdaq jumped 0.25 per cent to close at 715.55. Similarly, Australia's key S&P/ASX 200 index increased by 0.58 per cent to end the day at 8,343.3. Attribution: CNBC Subediting: M. S. Salama
