Asian Equities Mixed; Abe Took Responsibility Over Land Sale Scandal

Investing.com – Asian equities were mixed in afternoon trade on Monday. Personnel changes in China’s government and the People’s Bank of China (PBOC) gathered attention as Yi Gang, a vice governor of the PBOC, has been nominated to replace Zhou Xiaochuan as the head of the Chinese central bank, according to parliament delegates. Investors’ focus now turns to Jerome Powell’s first meeting as chairman at the Federal Reserve on Wednesday.

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