Asian stocks are set for a steady open Wednesday after reassuring comments on inflation and supportive monetary policy from Federal Reserve officials. The dollar and Treasury yields dropped.
New Zealand health officials are scrambling to trace the contacts of an Australian traveler from Sydney who visited Wellington over the weekend while infectious with Covid-19.
The White House acknowledged that the U.S. will likely fall just short of President Joe Biden’s goal of getting 70% of U.S. adults a first Covid-19 shot by the July 4 holiday.
Taiwan will ease water restrictions in several areas as heavy downpours bring relief from the worst drought on record, with officials now turning their attention to preventing floods as annual “Plum rains” fill up reservoirs.
The Bank of Thailand is expected to keep its benchmark interest rate unchanged at a record low to accommodate a fragile economic recovery, while cutting its growth forecast to factor in the country’s biggest wave of Covid cases yet.
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