Asian shares rise on Fed rate hopes despite China worries

A man looks at his mobile phone in front of monitors showing Japan's Nikkei 225 index, left, and the exchange rate of the Japanese yen against the U.S. dollar at a securities firm in Tokyo, Thursday, Nov. 24, 2022. Asian shares gained Thursday, although optimism about the Federal Reserve holding back on aggressive interest rate raises was countered by some uncertainty about coronavirus restrictions in China. (AP Photo/Hiro Komae)

Asian shares rise on Fed rate hopes despite China worries