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The Independent UK
The Independent UK
National
Via AP news wire

Asian shares mixed after new signs of cooling inflation

Copyright 2022 The Associated Press. All rights reserved.

Shares were mixed Friday in Asia after a muddled day on Wall Street, where benchmarks meandered following another encouraging report about inflation.

Tokyo’s Nikkei 225 surged 2.6%, catching up on gains after being closed Thursday for a holiday. Hong Kong and Seoul also advanced, while Shanghai and Sydney declined. U.S. futures edged higher and oil prices fell.

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