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GLOBAL MARKETS-Asia stocks steady, dollar strong as markets reassess rates outlook

Asian share markets stabilised somewhat on Tuesday after steep losses in the past 24 hours, while the U.S dollar remained elevated as investors considered the prospects interest rates would remain higher for longer in many developed economies. MSCI's broadest index of Asia-Pacific shares outside Japan bounced slightly 0.4%, after U.S. stocks ended the previous session with mild losses. ....

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GLOBAL MARKETS-Stocks, bonds fall as BOJ's surprise policy shift spooks investors

Global stocks and bonds fell on Tuesday as a surprise policy tweak by Japan's central bank rattled investors already worried about the economic fallout of rising interest rates and lifted domestic bond yields to seven-year highs. The Bank of Japan (BOJ) widened the allowable band for long-term yields to 50 basis points either side of its 0% target, from 25 basis points previously. ....

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