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The Independent UK
The Independent UK
National
Joe McDonald

Stock market today: Asian shares are mixed after central bankers say interest rates must stay high

Copyright 2023 The Associated Press. All rights reserved

Asian stock markets were mixed Thursday after leaders of major central banks said they need to keep interest rates high to fight persistent inflation despite fears that might tip the global economy into recession.

Shanghai, Hong Kong and Seoul retreated while Tokyo and Sydney advanced. Oil prices declined.

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