Most Asian markets rise on optimism over China, rates

HONG KONG (AFP): Shares mostly rose in Asia on Monday (Jan 16) following another rally on Wall Street fuelled by optimism over the world economy as inflation slows and China reopens to the world.

After last year's battering caused by surging prices and central bank interest rate hikes, there is a much calmer mood on trading floors, with recession fears receding and bargain-buying providing support to equities.