Asia-Pacific

Indonesia’s Mount Ibu Volcano Erupts, Spews Ash Clouds

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Indonesia’s Mount Ibu Volcano Erupts, Spews Ash Clouds

The volcano erupted for about two minutes, a PVMB official said. Jakarta: Indonesia’s Mount Ibu volcano erupted on Tuesday, spewing thick columns of grey ash five km (three miles) into the sky, the volcanology agency said, but there were no immediate reports of evacuations. The volcano on the eastern island of Halmahera erupted at 5:36 … Read more

Asian stocks, bonds slump over global rates angst

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Asian stocks, bonds slump over global rates angst

Asian stocks were a sea of red on Thursday and bonds slid on bets global interest rates would stay higher for longer, as investors looked to key inflation readings at the end of the week for further clues on the future path of monetary policy. The dollar rode U.S. Treasury yields higher while gold remained … Read more