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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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Suicide blast hits foreign forces in Afghanistan

KABUL (Reuters) – A suicide car bomber targeted a convoy of foreign troops on Wednesday in southern Afghanistan, police said. The attack happened on a road leading to Spin Boldak, a town near the border with Pakistan, said border police commander Abdul Razaq, adding he had no information about casualties …

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