Asian shares are mostly higher, tracking a rally on Wall Street following a report that showed U.S. inflation was not as bad last month as economists expected.

(Bloomberg) -- Asian equities were set for a second day of gains after an unexpectedly sharp slowdown in US inflation fueled a Wall Street rally and eased concerns about imminent…

(Bloomberg) -- Asian equities rose after an unexpectedly sharp slowdown in US inflation fueled a Wall Street rally and eased expectations about imminent Federal Reserve…