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BUSINESSAug 4 · 03:34 UTCWPLG LOCAL 10 MIAMIBy YURI KAGEYAMA, Associated Press

Asian shares mostly dip after US stocks rally

Asian shares declined despite a U.S. stock rally, as investors weighed the impact of a recent U.S.-Japan currency intervention. Analysts noted the intervention's uncertain effectiveness in addressing underlying economic factors like inflation and interest rates, while regional markets showed mixed performance. U.S. stocks rose on easing oil prices, and global crude prices fluctuated amid geopolitical tensions in Iran.

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