Market news: Asia media round-up
Beijing is set to inject more money into its economy to boost infrastructure, while Tokyo is preparing to issue more than US$100 billion in government bonds this fiscal year to fund its stimulus package. Japan is also said to be considering revising down its economic forecast for this year to a 3% contraction. Separately, the Reserve Bank of India cuts key borrowing and lending rates by a quarter point and HSBC Holdings lays off 100 private bankers in Hong Kong.
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