BUSINESSWPLG LOCAL 10 MIAMI
Asian shares rise after rally on Wall Street as data show US inflation slowing
Asian shares rose following a Wall Street rally driven by slower-than-expected U.S. inflation, with South Korea's Kospi surging 7.1% and Japan's Nikkei up 0.9%. U.S.-Iran tensions and concerns over oil supply disruptions limited broader gains, while the U.S. inflation report reduced the likelihood of a Federal Reserve rate hike.
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- Asian shares rise after rally on Wall Street as data show US inflation slowing
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