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Asian markets struggle as fears build over tech rally, US rates
Asian markets struggle as fears build over tech rally, US rates
Economy
by  AFP

Asian markets struggled Monday on simmering concerns that the Federal Reserve will not cut interest rates as hoped next month, while fears of a bubble continue to weigh on sentiment. That has been compounded by a weakening US jobs market that has fanned expectations the Fed will cut rates.

Japan-China spat sinks tourism stocks
Japan-China spat sinks tourism stocks
Economy
by  AFP

Japanese tourism and retail shares fell sharply on Monday after China warned its citizens to avoid travelling to the East Asian country in a spat over comments by Prime Minister Sanae Takaichi about Taiwan. China and Japan last week summoned each other's ambassadors, with Beijing then advising its citizens to avoid travelling to Japan.

Zelensky in Paris to seek air defence help for Ukraine
Zelensky in Paris to seek air defence help for Ukraine
Economy
by  AFP

Ukraine's President Volodymyr Zelensky visits Paris on Monday in a new bid to secure weaponry to defend his country against increasingly lethal Russian missile and drone attacks. Ukraine has said it plans to use more than 4.5 million drones this year, for frontline attacks and to fight off Russian drones.