Australia's Afterpay attempts to stem share slide as regulatory scrutiny mounts
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(Reuters) - Australia's Afterpay Touch Group Ltd on Monday moved to stem speculation about adverse changes to the country's payments regulation that have hammered its share price for several days, saying it was not currently subject to any inquiry by the central bank. Afterpay was making its first statement since its shares began falling last week following a downbeat assessment from brokerage UBS and an announcement from the Reserve Bank of Australia that it planned to dig deeper into the..