U.S debt deluge lifts bond yields to 4-year high, Asia stocks down
Asian stocks slipped and the U.S. dollar advanced on Tuesday, as a deluge of U.S. government debt this week and the specter of inflation and a higher fiscal deficit drove U.S. borrowing costs near four-year highs.
KUALA LUMPUR (Aug 13): Former Prime Minister Datuk Seri Najib Razak has kept mum on the case surrounding the Equanimity, declining to comment on the matter.
"We are not involved in the yacht," Najib told reporters at the Parliament lobby today.
NEW YORK: Oil prices fell on Monday after data suggested inventories at the U.S. crude delivery hub rose in the latest week, compounding worries that troubled emerging markets and trade tensions will dent the outlook for fuel demand