Singapore — Asian shares rose on Friday after US equities were buoyed by a rebound in technology stocks, while markets in Seoul were underpinned by optimism as leaders of North and South Korea held their first summit in over a decade. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.8%, but still looked set to shed 0.9% for the week. European stocks are expected to open higher, according to financial spreadbetters, with Britain’s FTSE 100 seen opening 5 points up, Germany’s DAX is expected to gain 57 points while France’s CAC is seen rising 13 points. South Korea’s KOSPI briefly rose more than 1% to a one-month high, helped by hopes that the summit could ease tensions over Pyongyang’s nuclear weapons programme and pave the way for the North and South to end their decades-long conflict. South Korean equities later pared their gains to 0.8%, while the South Korean won rose more than 0.5% against the dollar in onshore trade. "The easing of tension and the possibility o...
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