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Asia stocks dip, unimpressed by China rate cut

By Inquirer - 9 months ago
SINGAPORE  —Asian shares slipped from 1-1/2 month highs on Tuesday as a record rate cut in China failed to excite investors, while U.S. and Europe futures fell on fading chances for early cuts there. China’s five-year loan prime rate was lowered by 25 basis points to 3.95 percent, bigger than the five to 15 bp

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