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China's exports fall 7.5% in May, adding to stimulus talk
China's exports fall 7.5% in May, adding to stimulus talk
by  AFP

China's exports fell in May for the first time since February, data showed Wednesday, breaking a two-month growth streak as a post-Covid rebound faded and adding to speculation that officials will unveil fresh stimulus measures.

Asian stocks edge higher on Fed hope but traders remain wary
Asian stocks edge higher on Fed hope but traders remain wary
by  AFP

Most markets crawled higher Wednesday on speculation that China will unveil measures to support its struggling economy, while investors held out hope the Federal Reserve will skip an interest rate hike this month. Analysts said such a move could indicate the People's Bank of China was considering an interest rate cut as soon as this month.

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