News Snapshot:
Global markets have been hit by fresh fears over the outlook after Russia refused to resume gas supplies to Europe - Copyright AFP Daniel ROLAND Asian investors struggled Tuesday to recover from the previous day’s losses on growing fears over Europe’s worsening energy crisis, China’s economic slowdown and central bank efforts to contain surging inflation. However, the dollar lost some of its momentum against its major peers on profit-taking, with the euro finding some support ahead of an expected European Central Bank interest rate hike and sterling lifted by the election of a new prime minister. Russia’s decision not to...
