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Asia Daily Flash | 8 June 2012: Chinaâ€™s bank lending rates fall; Korea leaves interest rates unchanged; Japan’s current account surplus shrinks

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Published on Thursday, June 7, 2012

Asia Daily Flash | 8 June 2012: Chinaâ€™s bank lending rates fall; Korea leaves interest rates unchanged; Japan’s current account surplus shrinks

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Summary

Chinaâ€™s interest rate cut announced late yesterday failed to buoy markets today, as concerns over global growth appear to be dominating investor sentiment.