Asian shares mostly rise after AI leads rally on Wall Street

Asian shares mostly rose due to global optimism spurred by the AI stocks and semiconductor sector, with Japan's Nikkei 225 jumping 1.6% and South Korea’s Kospi surging 3.9%. On Wall Street, the S&P 500 rose 0.3%, while US inflation data suggested consumer prices were 3.4% higher than a year earlier, potentially giving the Federal Reserve more leeway on interest rates.