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- A currency trader passes by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Feb. 15, 2023. Asian stock markets fell Wednesday after U.S. inflation edged down less than expected, fueling concern the Federal Reserve might think more interest rate hikes are needed. (AP Photo/Ahn Young-joon)
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Asian stocks fall after US inflation feeds rate hike fears
By JOE MCDONALD - AP Business Writer
Tue,02/14/23-1:05AM , 180 Reads
BEIJING (AP) — Asian stock markets fell Wednesday after U.S. inflation edged down less than expected, fueling concern the Federal Reserve might think more interest rate hikes are needed.

Market benchmarks in Tokyo, Shanghai, Hong Kong and Sydney declined. Oil prices retreated.
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- Cashiers process purchases at a Walmart Supercenter in North Bergen, N.J., on Thursday, Feb. 9, 2023. On Tuesday, the Labor Department reports on U.S. consumer prices for January. The consumer price index is closely watched by the Federal Reserve, which has raised interest rates eight times in the past year in an attempt to cool the economy and bring down inflation. (AP Photo/Eduardo Munoz Alvarez)
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US inflation slows to 6.4%, but price pressures re-emerge
By CHRISTOPHER RUGABER - AP Economics Writer
Mon,02/13/23-4:52PM , 488 Reads
WASHINGTON (AP) — The pace of consumer price increases eased again in January compared with a year earlier, the latest sign that the high inflation that has gripped Americans for nearly two years is slowly easing.
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How major US stock indexes fared Monday 2/13/2023
By THE ASSOCIATED PRESS
Mon,02/13/23-3:21PM , 154 Reads
Wall Street closed higher as traders made their final moves in anticipation of a report that could show whether inflation is cooling in the right way or setting the market up for worse pain.
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- A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Tuesday, Feb. 14, 2023. Asian shares mostly rose Tuesday, boosted by a rally on Wall Street, as investors waited for U.S. consumer price data due out later in the day. (AP Photo/Lee Jin-man)
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Asian shares mostly rise ahead of key US inflation report
By YURI KAGEYAMA - AP Business Writer
Sun,02/12/23-11:39PM , 969 Reads
TOKYO (AP) — Asian shares mostly rose Tuesday, boosted by a rally on Wall Street, as investors waited for U.S. consumer price data due out later in the day.
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