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Asian shares edge lower as US markets closed for Memorial Day

IndiaTimes Tuesday, 27 May 2025 ()
Asian shares mostly declined amid light trading due to the US Memorial Day holiday. The Bank of Japan hinted at potential interest rate hikes following governor Ueda's remarks on rising inflation, particularly soaring food costs. Oil prices dipped, while currency markets saw the US dollar weaken against the yen and the euro. US stock futures indicated positive movement.
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