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BUSINESSAug 12 · 05:20 UTCWDIV CLICKONDETROITElaine Kurtenbach, Associated Press

Shares are mostly higher in Asia, with Kospi up 4%, while oil prices gain

Asian shares were generally higher on Wednesday, with South Korea's Kospi gaining 4% and Tokyo's Nikkei 225 rising 0.6%. Commodity prices also advanced as doubts persist over when war activity will allow crude oil to flow freely again. High energy costs and inflationary concerns are keeping Wall Street focused on the release of monthly inflation data.

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Shares are mostly higher in Asia, with Kospi up 4%, while oil prices gain · The Nexus