GLOBAL ECONOMY-China's surprise rate cut boosts hopes of global action
* China's first rate cut since global financial crisis * Suggests China stepping up efforts to support growth * Adds to heightened global concern over euro area * Follows Fed hints, G7 call * Markets rally, world shares at one week high By Kevin Yao
US Stocks Jump After China Moves To Stimulate GrowthWall Street Journal
China Cuts Interest Rates for First Time Since 2008Bloomberg
US stocks open higher following China rate cutThe Associated Press
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