Shares in Asia-Pacific Rise as Investors Await Release of China's Benchmark Lending Rate; Oil Jumps 2%

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Shares in Asia-Pacific Rise as Investors Await Release of China's Benchmark Lending Rate; Oil Jumps 2%
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Shares in Australia Rise as Investors Await Release of China's Benchmark Lending Rate

China's latest one-year loan prime rate is set to be out at 9:15 a.m. HK/SIN on Monday, with little expectations for change, according to a Reuters survey.

Oil prices were higher in the morning of Asia trading hours, with international benchmark Brent crude futures up 2.16% to $110.26 per barrel. U.S. crude futures climbed 2.4% to $107.21 per barrel.SINGAPORE — Shares in Asia-Pacific rose in Monday morning trade, as investors look ahead to the release of China's latest benchmark lending rate. Oil prices also jumped more than 2%.

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