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 →

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 →