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Stocks stride past US inflation to milestone highs

By Inquirer - 8 months ago
SINGAPORE  — Asian shares notched seven month highs on Wednesday, on the back of record peaks on Wall Street, as investors mostly shrugged off slightly hotter-than-expected U.S. inflation, betting it won’t derail interest rate cuts expected by the middle of the year. A Reuters report earlier in the week that China had asked banks to

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