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Asian shares rise after rally on Wall Street as data show US inflation slowing

TOKYO (AP) — Asian shares mostly rose Wednesday, tracking a rally on Wall Street following a report that showed U. S. inflation was not as bad last month as economists expected. South Korea’s Kospi surged 6. 2% to 7,284. 41 as prices rebounded from a recent sell-off in semiconductor stocks. Shares in computer chipmaker SK Hynix rose 9. 4%, while those of Samsung Electronics surged 6. 1%. Japan's benchmark Nikkei 225 rose 1. 3% to 68,613. 89. Australia's S&P/ASX 200 rose 0. 4% to 8,841. 10...

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