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Tokyo stocks rebound over 2% on U.S. rate cut, Asian equity rally

Tokyo stocks closed over 2% higher Wednesday on a rally in Asian stocks and hopes that the U.S. Federal Reserve's bold rate cut will calm financial market jitters stemming from the U.S. subprime mortgage crisis. The 225-issue Nikkei Stock Average climbed... ...full story at Japan Today

from Japan Today on Wed, Jan 23 2008

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