By YURI KAGEYAMA – AP Business Writer

TOKYO (AP) – Asian stocks were mostly lower on Thursday as concerns over the impact of China’s “zero-COVID” strategy coincided with hopes of a return to normal in economic activity and tourism.

Benchmarks fell in Tokyo, Seoul, Hong Kong and Shanghai while rising in Sydney. Oil prices fell.

Market watchers have expressed concern that the Federal Reserve may not ease its aggressive rate hikes aimed at.