Equities in Australia and South Korea rose while those in Japan inched up. The MSCI Asia Pacific Index headed for a fourth month of gains as traders awaited a key US inflation report due Friday. Japan’s 10-year bond futures opened lower after data showed inflation in Tokyo quickened in August, backing the case for a further normalization of monetary policy.
How will the surge in crude oil prices affect various sectors?
Global crude oil prices are rising. This may impact the profits of several companies. Sectors like refining, paints, and aviation could face challenges. Oil producers