Asian shares slipped on Friday, with a gauge of regional equities set for its biggest monthly drop since the height of global pandemic lockdowns last March, while the dollar lagged near one-month lows on expectations of continued Fed stimulus. But the stock market losses were moderate compared with sharp falls earlier in the week that had been sparked by investor fears over the impact of regulatory actions in China against the education, property and tech sectors. Reassurances from Chinese regulators and official media have helped to soothe investors' nerves, as have statements from the U.S. Federal Reserve that its bond-buying programme will remain unchanged for now.
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