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Asia Markets Slide as Investors Absorb Japan’s Stimulus Package

Asia markets largely fell on Wednesday as investors digested Japan's new stimulus package.

In Tokyo, the Nikkei lost 1.88% to close at 16,083.11 and the Topix was down 2.17% at 1,271.98.

The Japanese government approved a ¥28.1 trillion ($276 billion) stimulus package aimed at pulling Asia's second-largest economy out of a prolonged period of stagnation.

The package breaks down into ¥10.7 trillion in spending to reinforce infrastructure, ¥10.9 trillion to combat economic risks stemming from the U.K.'s Brexit vote as well as to support small and medium-sized companies, and ¥3.0...


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