Asian stocks were mixed on Wednesday under pressure from a rising U.S. dollar and the uncertainties over the U.S. election. U.S. futures and oil prices fell due to escalating geopolitical tensions after Israel announced that an airstrike outside Beirut earlier this month killed a Hezbollah official who had been expected to succeed the group´s longtime leader after he died in an Israeli strike last month. Chinese markets rose for a second day after the central bank cut its one-year and five-year Loan Prime Rates on Monday. State media have reported that a state-backed think tank has proposed issuing 2 trillion yuan ($281 billion) in special government bonds to create a market stabilization fund aiming to further ease the hidden debt pressures and inject confidence into the market.
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