HONG KONG (Reuters) – As a result of U.S. inflation figures and comments from central bank officials, investors are concerned that interest rates will be higher for a longer period of time. On Wednesday, Asian markets declined while the U.S. dollar remained steady. Headline January’s U.S. CPI came in atRead More →
(Reuters) According to media reports and an unconfirmed official document, individuals “loyal to the state” will soon be able to apply for licences to carry weapons in military-ruled Myanmar. Reuters and other media outlets looked into the stolen material, which was allegedly created by the home ministry. It outlined requirementsRead More →
North Korea launched three ballistic missiles into the Sea of Japan early Wednesday, according to Seoul’s military, barely one day after US Vice President Joe Biden concluded his first trip to Asia as president. The Joint Chiefs of Staff of South Korea claimed in a statement that it had “detectedRead More →
Despite a tepid beginning from Wall Street, Asian equities climbed Tuesday as dismal Chinese economy data revealed the deep cutbacks of Beijing’s zero-Covid policy, adding to inflation concerns. To combat an Omicron-fueled tsunami, China has maintained its stringent zero-Covid policy, ordering lockdowns in numerous cities and closing factories and ports.Read More →
(AFP) – The Kremlin has asked Western countries to unfreeze Afghanistan’s assets in order to provide humanitarian aid and prevent a migrant exodus to Europe fueled by the Taliban’s rule. The international community does not recognise the hardline Islamist group that took control of Afghanistan in August after foreign forcesRead More →
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