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Global Markets: Dollar rises, stocks inch up as U.S.-North Korea summit gets underway

Reuters  |  SYDNEY 

By Swati PandeySYDNEY (Reuters) - The dollar jumped to a 3-week top on Tuesday while Asian stocks edged up as a highly anticipated U.S.-Korea summit got underway in Singapore, potentially paving the way to ending a nuclear stand-off on the Korean peninsula.U.S. President Donald Trump and North Korean leader Kim Jong Un shook hands and smiled as they started the historic summit, just months after they traded insults and tensions spiralled in the region over North Korea's nuclear and missile programmesTrump told Kim "we will have a terrific relationship" amid handshakes, but there was some ...

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First Published: Tue, June 12 2018. 07:50 IST