Japan leads losses in Asia as investors await clarity on U.S. coronavirus stimulus

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Asia stocks set for mixed start as investors await clarity on U.S. coronavirus stimulus

and Topix indexes dropping 1.31% each in early trade.

Summary of Opinions for its mid-July meeting, released Monday, said the country's economy is expected to "pick up moderately" from the second half of 2020. The central bank warned, however, that the economy is "unlikely to return to the level reached before the outbreak of COVID-19" even in fiscal 2022.

 

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