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Asian Stocks Close Mixed Friday

Stock quotes in this article: MTU , BCS  

Updated from 1:27 a.m. EDT

Asian stocks closed mixed Friday, with Japan's benchmark index falling sharply, after the Bank of Japan reduced interest rates for the first time in seven years at a rate that was less than expected.

The central bank cut its base lending rate by 20 basis points to 0.3% from 0.5%. Most analysts had forecast a rate cut of 25 basis points. ...

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