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Asian stock markets opened higher Monday, taking heart from an impressive lead from Wall Street and China rolling out its third interest rate cut since November. In Japan, shares of Sharp are in focus after plummeting nearly 30 percent following a capital-reduction report.
Japan’s Nikkei 225 hits a one-and-a-half-week high in early trade.
South Korea’s key Kospi index tracked Asia-wide gains to open higher on the first trading day of the week.
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