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Asia stocks dip on likely smaller Fed rate cut, oil gains

Asia stocks eased on Monday as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following an Iranian seizure of a British tanker lifted crude oil prices.

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Carlos Ghosn sues Nissan-Mitsubishi in the Netherlands: paper

Carlos Ghosn has launched a court case in the Netherlands against Japanese carmakers Nissan Motor and Mitsubishi Motors , who ousted him as chairman of their alliance last year on charges of embezzlement, Dutch newspaper NRC reported on Saturday.

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