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- People are reflected on the electronic board of a securities firm in Tokyo, Wednesday, April 6, 2022. Asian stocks followed Wall Street lower Wednesday after a Federal Reserve official's comments fueled expectations of more aggressive interest U.S. rate hikes and the White House announced more sanctions on Russia. (AP Photo/Koji Sasahara)
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Asia stocks decline amid worries over US rate hikes, Russia
By JOE MCDONALD - AP Business Writer
Tue,04/05/22-2:46AM , 525 Reads
BEIJING (AP) — Asian stocks followed Wall Street lower Wednesday after a Federal Reserve official's comments fueled expectations of more aggressive interest U.S. rate hikes and the White House announced more sanctions on Russia.

Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney retreated.
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- A man buys meat in Khartoum, Sudan, Wednesday, March.30, 2022. The UN has warned that more than 18 million people Sudanese, nearly half its population, could face severe hunger by this fall. (AP Photo/Marwan Ali)
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Sudanese go hungry as prices spiral upward in wake of coup
By SAMY MAGDY - Associated Press
Tue,04/05/22-1:06AM , 265 Reads
CAIRO (AP) — Each day brings new financial burdens for Ikhlas Zakaria, a single mother of six who sells cups of tea at a roadside stand in a provincial town in Sudan. Prices for basic goods have skyrocketed, and at times she can only provide one meal a day for her children.
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- Sri Lankans protest demanding president Gotabaya Rajapaksa resign in Colombo, Sri Lanka, Monday, April 4, 2022. Sri Lanka's president on Monday invited all political parties represented in Parliament to accept ministries after his Cabinet resigned amid public protests over the country's worst economic crisis. Disruptions to supplies of commodities, financial strains and higher prices are among the shocks from the war in Ukraine that will slow economies in Asia in coming months, the World Bank says in a report released Tuesday, April 5, 2022. (AP Photo/Eranga Jayawardena, File)
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World Bank says war shocks to drag on Asian economies
By ELAINE KURTENBACH - AP Business Writer
Mon,04/04/22-10:26PM , 305 Reads
BANGKOK (AP) — Disruptions to supplies of commodities, financial strains and higher prices are among the impacts of the war in Ukraine that will slow economies in Asia in coming months, the World Bank says in a report released Tuesday.
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- Currency traders gesture as they talk each others near the screens showing the Korea Composite Stock Price Index (KOSPI), right, at a foreign exchange dealing room in Seoul, South Korea, Tuesday, April 5, 2022. Shares fell Tuesday in Asia and oil prices advanced after a tech-driven rally on Wall Street. Trading was light with many regional markets including those in China closed for holidays. (AP Photo/Lee Jin-man)
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Oil prices up, Asian shares slip after tech rally on Wall St
By ELAINE KURTENBACH - AP Business Writer
Mon,04/04/22-12:09AM , 311 Reads
Shares fell Tuesday in Asia and oil prices advanced after a tech-driven rally on Wall Street. Trading was light with many regional markets including those in China closed for holidays.
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