SNAPSHOT - Financial Crisis - 0700 GMT

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NEWS - China c.bank adviser says there is room for more monetary steps; think tank sees fixed-asset investment declining in 2009 - Indonesia c.bank cuts interest rates by 50 basis points to 8.75 percent, more thane expected. - Bank of America selling a $2.83 billion chunk of holding in China Construction Bank at a 12 percent discount. - Japan may inject money into regional banks-report - Australia retail sales firm in Nov, helped by falling borrowing costs and lower petrol prices. ...

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