Eurasia

Asia stocks tumble as stagflation hits outlook

HONG KONG (Reuters) – Asian stocks fell on Wednesday, with Japan recording its worst losing streak in 43 years, as climbing oil and food prices exacerbated stagflation fears, increasing the risk investors will capitulate and knock the market even lower.

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Blast in Pakistan’s Khyber region kills seven

PESHAWAR, Pakistan (Reuters) – An explosion destroyed the home of a militant in Pakistan’s Khyber region on Monday, killing seven people, on the third day of a government offensive against Islamists threatening the city of Peshawar.

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