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Stock market today: Asian stocks mixed after China reports weak July data and cuts key interest rate
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FILE - People walk in front of Tokyo Stock Exchange on July 19, 2023, in Tokyo. Asian stock markets were mixed Tuesday, Aug. 15, 2023, after China reported weak July consumer and business activity and its central bank cut a key interest rate to shore up the struggling economy. - photo by AP Photo/Eugene Hoshiko, File
BEIJING (AP) — Asian stock markets were mixed Tuesday after China reported weak July consumer and business activity and its central bank cut a key interest rate to shore up the struggling economy. Shanghai and Hong retreated while Tokyo and Sydney gained. Oil prices rose.