Asian Shares High Ahead Of U.S.-North Korea Summit
SYDNEY (Reuters) - Asian shares rallied on Friday as investors’ appetite for riskier assets got a boost from soft U.S. inflation, which helped alleviate worries of faster rate hikes by the Federal Reserve. Markets were also cheered by a further easing in tensions on the Korean Peninsula, after U.S. President Donald Trump said he would meet North Korean leader Kim Jong Un in Singapore on June 12 for talks on its nuclear weapons program.