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The Independent UK
The Independent UK
National
Yuri Kageyama

Asian shares rise after 'relief rally' on Wall Street

US Federal Reserve United States
Copyright 2022 The Associated Press. All rights reserved

Asian shares rose Tuesday, encouraged by a rally in U.S. shares after some weak economic data raised hopes that the Federal Reserve might ease away from aggressive interest rate hikes.

Japan's benchmark Nikkei 225 added 2.8% in afternoon trading to 26,959.25. South Korea's Kospi gained 2.5% to 2,209.98.

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