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Nikkei Markets

Singapore shares rebound amid broader Asian gains

Overnight Wall Street rally helps, Trump- Kim Jong Un meeting support sentiment

SINGAPORE (Nikkei Markets) -- Singapore shares recovered Friday tracking most Asian peers following an overnight Wall Street rally after a benign inflation print signaled the Federal Reserve may not need to hasten the pace of interest rate increases.

U.S. consumer prices rose 0.2% in April, lagging market expectation of 0.3%. Core inflation also came in below estimates at 0.1%.

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