Investors Await US Inflation and China Economic Data as Asian Shares Rise

World stock prices were mostly higher as investors awaited updates on U.S. inflation and China's economic data. Concerns over rising oil prices and inflation have led to worries that central banks may keep interest rates higher for longer, impacting share prices. Germany's DAX and France's CAC 40 rose, while Hong Kong's Hang Seng fell. Chinese e-commerce giant Alibaba's shares sank after its former CEO stepped down. Tokyo's Nikkei 225 declined, while Australia's S&P/ASX 200 added. China and the U.S. are set to release more economic data this week.