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ASIA: Asian stocks erased earlier gains and the Japanese yen rallied to a fresh eighteen-month high on Tuesday as investors grew doubtful about global central banks' ability to boost growth through aggressive policy easing.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat after being up as much as 0.4 percent on the day and is now trading at a three-week low.
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