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Asia Daily Flash | 19 March 2013: RBI cuts rates; China targets financial reforms; China FDI inflows rise

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Published on Tuesday, March 19, 2013

Asia Daily Flash | 19 March 2013: RBI cuts rates; China targets financial reforms; China FDI inflows rise

Market sentiment improved as worries over the fallout of the proposed Cyprus deposit levy receded somewhat. Japan’s Nikkei rebounded by 2.0%, Shanghai Composite ( 0.8%) and Korean Kospi ( 0.5%).