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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Asian shares advance, despite Wall Street's tumble, as China pledges to boost consumer spending

South Korea Financial Markets - (Copyright 2025 The Associated Press. All rights reserved.)

Asian markets advanced Friday, shrugging off another decline on Wall Street, with markets in China gaining after state-run banks and other financial institutions were ordered to do more to help spur more consumer spending.

U.S. futures and oil prices advanced.

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