.July 30, 2024 03:54:45 AM

Asian stock markets took a hit as investors grew cautious ahead of key central bank meetings in Japan and the US. Speculation about potential changes in the Bank of Japan’s quantitative easing program and the Federal Reserve’s stance on interest rates added to market jitters.

Chinese equities led the decline, with stocks hitting a six-month low. Concerns about China’s economic recovery weighed on local benchmarks, reflecting ongoing worries about the country’s growth prospects.

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