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GLOBAL MARKETS-Shares grind towards record high as China trims key rate
World shares were close to a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015. In the latest show of support for its economy, China's central bank cut rates on seven-day reverse repurchase agreements by five basis points to 2.50%.
https://finance.yahoo.com/news/global-markets-shares-grind-towards-093555486.html?.tsrc=rss
World shares were close to a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015. In the latest show of support for its economy, China's central bank cut rates on seven-day reverse repurchase agreements by five basis points to 2.50%.
https://finance.yahoo.com/news/global-markets-shares-grind-towards-093555486.html?.tsrc=rss
