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Asian shares waver as oil and yields rise ahead of Fed, BOJ meetings
TOKYO: Asian shares struggled on Tuesday as investors weighed Middle East tensions and calls by industry figures for a slowdown in AI development, while elevated oil prices and higher bond yields added to caution before key central bank meetings in the US and Japan. Yemen’s Houthis launched a new attack on Saudi Arabia on Monday, after Riyadh blamed Iran-backed fighters in Iraq for an attack on the kingdom’s east-west pipeline that it said could disrupt as much as 4% of global oil supply. Gulf Arab states also postponed planned talks with Iran. Renewed supply concerns kept markets on edge, ...
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