Asia-Pacific markets fall after the U.S. 10-year Treasury yield hit its highest in 16 years.
Volatility index briefly climbs above 20 to highest since late Maybriefly touched 20.07 in late morning trading on Tuesday, rising above 20 for the first time since late May.
Gold continued its steep sell-off on Tuesday, notching itssince August 2022 as concerns about higher-for-longer interest rates weighed on the market.
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Asia-Pacific stocks set to fall as U.S. 10-year Treasury yield notches 16-year highAsia-Pacific markets are set to open mixed after the U.S. 10-year Treasury yield hit its highest in 16 years.
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Philippines, allies kick off naval drills amid Asia-Pacific tensionForces from Manila, Britain, Canada, Japan and the United States kicked off on Monday two weeks of joint naval exercises in Philippine waters as a 'show of force', amid flaring regional tension.
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Philippines, allies begin naval drills as Asia-Pacific tensions simmerThis year's 'Sama Sama' drills are being held in the southern part of the island of Luzon, featuring naval exercises in areas such as anti-submarine warfare, air defence and search and rescue, the Philippine navy says.
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Asia-Pacific stocks set to fall ahead of Australian central bank rate decisionAsia-Pacific markets are set to fall ahead of a rate decision by the Reserve Bank of Australia.
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Asia-Pacific stocks fall ahead of Australian central bank rate decisionAsia-Pacific markets fall ahead of a rate decision by the Reserve Bank of Australia.
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Hong Kong leads Asia-Pacific markets lower; Australia's central bank keeps interest rate unchangedHong Kong stocks fell over 3%, leading wider losses in the region as the Reserve Bank of Australia kept rates unchanged.
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