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China s Bank of Communications to initiate a mortgage rate cut, hewing to the push to make first homes more affordable and lift housing slump

A mortgage rate cut by Bank of Communications, China’s fifth-biggest lender, could induce larger rivals to follow, days after Beijing eased mortgage rules to help arrest a months-long slump in home sales.

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Asian shares hit two-week high on Fed pause bets, China boost

Asian equities rose on Wednesday and the dollar wobbled as weak U.S. labour data bolstered bets that the Federal Reserve was likely done with its interest rate hikes, while beaten-down China stocks. -Yesterday at 10:48 pm- MarketScreener

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Asian shares hit two-week high on prospects for Fed pause

Asian equities rose on Wednesday for a third straight day to their highest in two weeks, while the dollar wobbled as weak U.S. labour data bolstered bets that the Federal Reserve was likely done with. -Today at 02:19 am- MarketScreener

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South African rand gained before data-heavy end to the week

The South African rand gained on Tuesday ahead of a raft of domestic and international data releases due later this week.

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Asian shares up

Asian shares up
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