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Asia stocks rise as oil slips and yen softens

Asian stocks rose and the dollar held steady after the Bank of Japan delivered a widely expected rate hike, keeping the yen softer; oil dipped.

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Asian stocks rose and the dollar held firm on Friday as investors weighed global policymakers' stepped-up efforts to curb inflation, with the Bank of Japan joining the move by delivering a widely expected rate hike that left the yen softer. Monetary policy response is…