Asian Stocks Rise Amid Expectations of Fed Interest Rate Hike

Asian stock markets have seen mostly higher trading sessions as investors await the Federal Reserve's decision on interest rates, which is expected to result in a rate hike.

The anticipation of an interest rate increase has fueled market expectations and led to higher trading volumes across various exchanges.

Hong Kong (AP) - Asian shares were mostly higher Wednesday despite losses on Wall Street, as investors await the Federal Reserve's decision on interest rates, with high expectations of a rate hike.