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SYDNEY, Sept 1 Asia Pulse - Highlights of today's newspapers:
THE AUSTRALIAN FINANCIAL REVIEW:
- The Reserve Bank is odds-on to cut interest rates for the first time in six-and-a-half years.
- The Rudd government has cleared the way for tougher takeover laws.
- This week's rate cut will be the first of what is likely to be a two- or three-step reduction in interest rates over the next few months.
- John McCain's choice of Alaska governor Sarah Palin as running mate has drawn mixed notices from a sceptical political class.
- The prospect of imminent interest rate cuts is leading analysts to upgrade their forecasts for a batch of previously unloved stocks.