Banks lift Japan, Australia shares

(AP)
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12 hours ago
LONDON (AP) — Stocks fell modestly Tuesday after China's central bank raised interest rates for the second time in just over a month in a bid to dampen high inflation.In a widely expected move, the People's Bank of China announced Tuesday on its website that the benchmark 1-year deposit rate would rise by a quarter percentage point to 3 percent and the 1-year lending rate would increase by the same amount to 6.06 percent."The announcement may cause jitters about the

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