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Wall Street ends down as markets whipsaw ahead of Fed meeting
NEW YORK: U.S. stocks gyrated in afternoon trading to close lower with interest rate sensitive tech stocks weighing most heavily as uncertainties surrounding an increasingly hawkish Federal Reserve and rising geopolitical tensions contributed to the market's churn.
Asean News Headlines at 10pm on Tuesday (Jan 25, 2022)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Tuesday (Jan 25)
Nvidia preparing to walk away from Arm acquisition - Bloomberg News
(Reuters) - Nvidia Corp is preparing to abandon its purchase of Arm Ltd from SoftBank Group Corp after offering about $40 billion for the British company in 2020, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Emerging markets - Indonesia, Singapore and China stocks down more than 1% as S.Korea leads Asian stock markets lower
South Korea led Asia's emerging stock markets lower on Tuesday as investors braced for US. interest rate hikes, while Singapore's dollar gained after the central bank tightened policy in a surprise move as inflation risks rise.
Asian shares extend losses on Ukraine fears and Fed jitters
HONG KONG: Asian shares and U.S. futures fell sharply on Tuesday, with investors nervous about the potential for military conflict in Ukraine and ahead of a key Federal Reserve meeting that could offer hints about the timing and pace of rate hikes.
NagaWorld: Covid-19 losses drove layoffs
PHNOM PENH (The Phnom Penh Post/Asia News Network): Nagaworld has issued a statement regarding the impacts of Covid-19 on its operations in response to the recent strike by some of its employees, saying the pandemic led to US$77 million in losses and forced it to lay off thousands of workers.
Oil prices rebound as growing geopolitical tensions fuel supply fears
TOKYO: Oil prices bounced back on Tuesday, recovering some of the previous day's losses, as growing tension in Eastern Europe and the Middle East fuelled concerns over possible supply disruptions.
Asian markets tumble as volatility sweeps globe ahead of Fed meeting
HONG KONG (AFP): Asian markets tumbled Tuesday (Jan 25) following a highly volatile day on Wall Street fuelled by fears about the Federal Reserve's plans to hike interest rates, with attention lasered on its upcoming two-day policy meeting.
FBM KLCI slumps following wild trading on Wall Street
KUALA LUMPUR: The FBM KLCI opened weaker on Tuesday as it looked to continue its losing streak following a wildly volatile session on Wall Street overnight.
S.Korea's daily COVID count tops 8,000 for first time amid Omicron spread
SEOUL (Reuters) - South Korea's daily count of new coronavirus cases topped 8,000 for the first time on Tuesday, as the highly contagious Omicron variant spreads rapidly despite the recent extension of strict social-distancing rules to slow infection.
