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Shanghai Shares Hit One-Month High

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SYDNEY (Reuters) - Shanghai shares led Asia higher on Tuesday as China touted fiscal action to support the world’s second largest economy, while stellar results from internet giant Alphabet underpinned the tech sector generally. A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan February 9, 2018. REUTERS/Toru Hanai Global bonds remained under pressure on speculation the Bank of Japan may soon trim its massive stimulus. In China, government bond yields jumped and the offshore yuan hit a one-year low after China’s cabinet said it would pursue a more vigorous fiscal policy and as traders bet on further easing in monetary conditions.

Added on the 24/07/2018 06:19:11 - Copyright : Wochit

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