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Asian stocks rose on Tuesday, reaching their highest levels in more than two-and-a-half years, as a fresh wave of Chinese stimulus measures bolstered market sentiment. Investors were further encouraged by expectations of additional US interest rate cuts, which continued to pressure the US dollar. China’s top financial regulators unveiled a comprehensive package of economic measures aimed at reviving growth. The government announced a 50-basis-point cut in bank reserves and a reduction in mortgage rates, steps designed to tackle the nation’s sluggish economic performance. Stimulus measures larg…

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