HONG KONG – Stocks in Asia fell on Tuesday as investors worried China's latest rate cut would not be enough to boost confidence in the weakening economy and hoped for a bigger stimulus package from Beijing. China, in a highly anticipated move, cut its benchmark loan prime rates (LPR) for the first time in 10 months on Tuesday, although the 10-basis point reduction in the five-year LPR was smaller than many had expected. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.72 percent.

https://business.inquirer.net/406413/asia-shares-fall-as-chinas-modest-rate-cut-disappoints

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