Asian markets fall after weak showing on Wall St, oil tumbles

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, stands in front of an electric board showing the Nikkei index outside a brokerage in Tokyo, Japan, January 21, 2021. REUTERS/ Kim Kyung Hoon Join now for FREE unlimited access to Register SINGAPORE, Jan 21 (Reuters) – Asian stock markets and U.S. … Read more

Asia shares fall as Treasury yields hit fresh highs

A screen shows the Nikkei index after a ceremony marking the end of trading in 2021 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, December 30, 2021. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Register US bond yields rise, investors brace for monetary policy tightening Oil hits 7-year high after pipeline … Read more

U.S. grocery shortages deepen as pandemic dries supplies

Jan 14 (Reuters) – Strong demand for groceries combined with soaring transportation costs and Omicron-related labor shortages are creating a new round of backlogs at processed food and fresh produce, resulting in empty supermarket shelves at major retailers across the United States. West Coast perishable produce producers are paying nearly triple pre-pandemic trucking rates to … Read more