PRESS DIGEST-Financial Times, Wall St Journal Asia editions

Newswire

SINGAPORE, Jan 31 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print/Web site editions on Thursday. Reuters has not verified these stories and does not vouch for their accuracy. FINANCIAL TIMES (www.ft.com) -- The Federal Reserve cut U.S. interest rates by another 50 basis points in an aggressive move to combat the risk of a U.S. recession. It also signalled that the door was wide open to further reductions. -- The U.S. economy ...

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