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Taipei shares close lower as Fed rate cut fails to ease US economy ...

Story date: 2008-01-30 10:10:00
Added on: 2008-01-30 23:56:08


Forbes - TAIPEI (XFN-ASIA) - Share prices closed lower amid doubts whether the US economy will be able to avert a recession despite interest rate cuts by the Federal Reserve. The Fed cut its key rate by another 50 basis points overnight after a 75 point cut ...


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