Mixed performance in Asia as central banks hold or raise rates

The Bank of Korea has held its benchmark interest rate steady at 3.5% for the third consecutive time, in line with expectations. Meanwhile, Asia-Pacific markets are mixed, with Japan's Nikkei 225 up 0.22%, South Korea's Kospi up marginally, and Australia's S&P/ASX 200 down 0.71%. Hong Kong's Hang Seng index looks set to breach its two-month low. In the US, the Fed minutes showed "uncertainty" from participants about whether to increase rates for an 11th time at its June meeting. Negotiators for both sides of the debt ceiling talks were expected to meet again on Wednesday morning.