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Nikkei Markets

Asian stocks edge higher as China takes more supportive measures

Guangzhou Automobile surges 7.7% despite coronavirus turmoil

HONG KONG (Nikkei Markets) -- Asian shares outside of Japan edged higher on Monday after China lowered interest rates on one-year loans and pledged more steps to support the economy reeling under the coronavirus outbreak.

The Nikkei Asia300 index of companies outside Japan rose 0.1% to 1,382.34. Weak growth reports from Japan and Thailand capped the advance in the stocks.

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