Asian shares are higher as easing worries over inflation reduce odds for another Fed rate hike

TOKYO (AP) — Asian shares advanced Monday at the start of a busy week for U.S. economic updates. Investors have been encouraged by easing worries over inflation, which reduces the likelihood of another rate hike by the Federal Reserve. Japan’s benchmark Nikkei 225 jumped 2.5% in morning trading to 70,037.61. It was the benchmark’s first...