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Yen on intervention watch; Asia shares subdued

By Inquirer - 8 months ago
SINGAPORE  — The yen languished near its weakest in decades on Thursday though the threat of intervention from Japanese authorities kept investors leery of pushing the currency to a new low, while Asian stocks rose ahead of a key U.S. inflation reading. Markets were largely rangebound ahead of Friday’s much-anticipated U.S. core personal consumption expenditures

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