Global shares mostly rise on interest rate, inflation hopes

By YURI KAGEYAMA
AP Business Writer

TOKYO (AP) — Global shares are mostly higher after new data showed inflation in the U.S. in March was not as bad as some analysts had expected. Shares fell in Frankfurt and Shanghai but rose in London, Paris, Tokyo and Hong Kong. U.S. futures advanced and oil prices edged higher. The Chinese government reported that exports rose nearly 16% in March from a year earlier while imports were flat. The easing of a COVID-19 lockdown in Shanghai was another encouraging factor. New Zealand’s central bank