Seoul shares open sharply higher on US gains amid eased inflation woes

South Korean shares opened sharply higher Friday, led by gains in major chipmakers, tracking an overnight rally in US shares, as latest US data eased woes over accelerating inflation. The benchmark Korea Composite Stock Price Index opened 182.33 points, or 2.7 percent, higher at 6,995.67. Overnight, the US stock market

Shares were mixed Wednesday in Europe and Asia ahead of the release of key U.S. inflation data for July, while oil prices advanced as doubts persisted over when the war with Iran will allow crude to flow freely again.

Shares are mixed in Europe and Asia ahead of US inflation report, while oil prices gain  Toronto Star

World shares are mixed and U.S. futures are slightly higher ahead of a key report on U.S. inflation

Shares are mixed in Europe and Asia ahead of US inflation report, while oil prices gain  AP News

South Korean stocks ended sharply higher for the third straight session Wednesday as foreigners and institutional investors scooped up major chipmakers.