• Asian shares rally on inflation data, European shares lower

    3 monthes ago - By Chron

    HONG KONG - Most Asian stock indexes rallied Friday, tracing gains on Wall Street after weaker than expected inflation figures soothed concerns about a possible acceleration of interest rate hikes. European stocks faltered ahead of a speech by the European Central Bank chief.
    KEEPING SCORE: European shares were mostly lower in early trading. France's CAC 40 lost 0.3 percent to 5,530.22 and Germany's DAX dipped 0.3 percent to 12,988.69. Britain's FTSE 100 was nearly flat at 7,702.66. Wall Street was poised to open higher. Dow futures gained 0.1 percent to 24,723.00 and broader S&P 500...
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  • Asian stocks near three-week high, eyes on upcoming U.S.-Korea summit

    3 monthes ago - By Reuters

    SYDNEY - Asian shares rallied on Friday as investors' appetite for riskier assets got a boost from soft U.S. inflation, which helped alleviate worries of faster rate hikes by the Federal Reserve.
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  • Asian shares rally as modest inflation eases rate hike fears

    3 monthes ago - By Chron

    HONG KONG - Asian stock markets rallied on Friday, tracing gains on Wall Street after weaker than expected inflation figures soothed concerns about a possible acceleration of interest rate hikes. Oil prices were hovering near a fresh multiyear high.
    KEEPING SCORE: Japan's benchmark Nikkei 225 rose 1.2 percent to 22,758.48 and South Korea's Kospi added 0.6 percent to 2,477.71. Hong Kong's Hang Seng jumped 1.0 percent to 31,101.44 and the Shanghai Composite slipped less than 0.1 percent to 3,173.53. Australia's S&P/ASX 200 was practically unchanged at 6,118.60. Indexes in Taiwan's and...
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