Stocks fall as modest China rate cut disappoints

Stocks fall as modest China rate cut disappoints

HomeEntertainment, NewsStocks fall as modest China rate cut disappoints
Stocks fall as modest China rate cut disappoints
China cut its key lending benchmarks on Tuesday (June 20, 2023) as authorities seek to shore up a slowing economic recovery, although concerns about the property market meant the easing was not as large as expected, disappointing markets and sending stocks lower. : Reuters

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