Asia shares off seven-month peak, mood turns cautious
Updated : April 08, 2019 11:33 AM IST
In a document published on the central government's website late on Sunday, Beijing said it would step up a policy of targeted cuts to banks' required reserve ratios to encourage financing for small and medium-sized businesses.
Chinese blue chips initially climbed to territory not visited since March last year, only to fade 1 percent as the session wore on.
MSCI's broadest index of Asia-Pacific shares outside Japan went flat having reached its highest since August.
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