Asian shares decline on Wall Street losses, rate worries
TOKYO (AP) — Asian shares were mostly lower Wednesday, as pessimism prevailed about higher interest rates ahead and Wall Street…
Headlines
Lufthansa To Make Pilots New Offer In Wage Dispute As Union Plans Strike
FRANKFURT (Reuters) – German airline Lufthansa said it would make an improved offer to pilots on Tuesday in a bid…
China-focused Hedge Funds Lower Exposure As Risks Mount
By Summer Zhen HONG KONG (Reuters) -Some of Asia’s large China-focused hedge funds are buying more non-China stocks as regulatory…
Deal with union averts pilot strike at Germany’s Lufthansa
BERLIN (AP) — A union representing pilots at Lufthansa on Tuesday called off a planned two-day strike after a last-minute…
Yen Falls To 24-year Low, Dollar Bulls Hold Steady
By Rae Wee SINGAPORE (Reuters) – The dollar took a breather on Tuesday after a sweeping rally but notched a…
EXPLAINER: Why Truss is off to Scotland to become UK leader
LONDON (AP) — Liz Truss, a onetime accountant who has served in Parliament for the past 12 years, will become…
Liz Truss becomes Britain’s new prime minister
LONDON (AP) — Liz Truss became U.K. prime minister on Tuesday and immediately confronted the enormous task ahead of her…
Asian stocks mixed after China promises to boost growth
BEIJING (AP) — Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes…
Australia central bank lifts cash rate to 2.35% in 5th hike
CANBERRA, Australia (AP) — Australia’s central bank on Tuesday boosted its benchmark interest rate for a fifth consecutive month to…
Asian markets mixed after China promises economic support
BEIJING (AP) — Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes…