
IMF chief urges the US and other wealthy nations to rein in debt to ease global economic pressure
By Marcus Chen
WPLG Local 10
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TOKYO (AP) — Asian shares mostly fell in cautious trading Wednesday, although market interest in computer chips and artificial intelligence continued to support some global shares.Japan's benchmark Nikkei 225 declined less than 0.1% to finish at 67,744.29. Australia's S&P/ASX 200 declined 0.6% to 8,727.90. South Korea's Kospi, which has undergone some volatile trading lately, fell 0.4% to 6,008.81. Hong Kong's Hang Seng was little changed, falling less than 0.1% to 24,342.52, while the Shanghai Composite dipped nearly 0.9% to 3,767.23.Wall Street indexes finished little changed near their records Tuesday. The first big batch of summertime profit reports from U.S. companies made waves on Wall Street after topping analysts’ expectations, but many canceled each other out.The S&P 500 edged down by less than 0.1% and pulled a bit further from its all-time high set last week. The Dow Jones Industrial Average fell 180 points, or 0.3%, while the Nasdaq composite dipped 0.2%.Goldman Sachs jumpe