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Asian Stocks Mostly Lower After China's Fifth Rate Cut

Asian Stocks Mostly Lower After China's Fifth Rate Cut
Tokyo shares were 0.70 per cent higher in volatile early trade Wednesday after China's central bank slashed interest rates for the fifth time in nine months to shore up the world's second-largest economy. The Nikkei-225 index at the Tokyo Stock Exchange opened higher but dipped in and out of negative territory after the opening. It was up 125.11 points to 17,931.81 at around 9:40 am. "The market environment, with the Dow's fall and...
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