Nikkei N: Years Shanghai and Basis Points

nikkei n: Japan's Nikkei 225 N225 climbed 1.4% in early trading, while South Korea's Kospi KOSPI rose 0.4%. South Korea's central bank on Wednesday reduced a key interest rate by 25 basis points to 1.25%. The bank cut the rate in July for the first time in three years, according to CNN. China's Shanghai Composite Index SHCOMP gained 0.4%. Hong Kong's Hang Seng Index HSI was also up about 0.4%, though it briefly slipped 0.3% in earlier trading. But Hong Kong markets wavered a bit as tensions continue to brew in the financial hub. China's foreign ministry on Wednesday said it would retaliate if US lawmakers approve bills that support the Hong Kong protests. Read More The Senate version of the legislation is still awaiting a floor vote. The government released that statement after the US House of Representatives voted in favor of a bill that would mandate an annual review to determine whether Hong Kong's autonomy from the mainland Chinese government remains sufficient to justify the special treatment the city receives under US law. (news.financializer.com). As reported in the news.