The Traderszone Network

Published in TZ Latest News 19 April, 2015 by The TZ Newswire Staff

China, Japan stocks up as Beijing steps up stimulus

Stock markets in China and Japan rose on Monday after Beijing’s latest stimulus to shore up the world’s second-largest economy underpinned sentiment and helped limit losses across the rest of Asia. China’s central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to bolster slowing growth. MSCI’s broadest index of Asia-Pacific shares outside Japan was down about 0.1 percent, after ascending to a fresh seven-year peak in the previous session.

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