Stock market today: Asian shares are mostly lower as Australia's central bank raises its key rate

BANGKOK — Shares mostly fell in Asia on Tuesday after a mixed close on Wall Street, where wild recent moves calmed a bit at the beginning of a quiet week for data releases.

In Seoul, the Kospi dropped 3% to 2,427.82. It gained 5.7% on Monday after the government, seeking to shore up public support ahead of legislative elections in April, restored until the end of June a ban on short-selling to protect small investors from what regulators said was “massive illegal naked short-selling by global investment banks” and other illegal activities.On Monday, U.S. stocks drifted and the S&P 500 added 0.2% to 4,365.98. The Dow Jones Industrial Average edged 0.

A report Monday from the Federal Reserve said significant numbers of loan officers at banks reported tightening their standards to lend money. Many banks cited a less favorable or more uncertain outlook on the economy. Slower lending would weigh on business activity. A barrel of benchmark U.S. crude slipped 46 cents to $80.36 in electronic trading on the New York Mercantile Exchange. It rose 31 cents to settle at $80.82 a barrel on Monday.

An attacker was unpleasantly surprised when Javier Baez, a former MMA fighter, subdued him with a massive body slam and choke on pavement.

The "Rocky" actor's son died at the age of 36 in 2012 from coronary heart disease caused by atherosclerosis.

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Stock market today: Wall Street closes its best week of the year with even more gainsHONG KONG (AP) — Asian shares advanced Monday following Wall Street gains last week that were buoyed by hopes for early interest rate cuts. U.S. futures were...
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Stock market news today: US futures tick up with Fed hopes still in playConfidence that the Fed is done with rate hikes is still encouraging investors into stocks.
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Stock market news today: Stocks rise with Fed hopes still in playConfidence that the Fed is done with rate hikes is still encouraging investors into stocks.
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Stock market today: Wall Street drifts in early trading as recent sharp moves calm a bitNEW YORK (AP) — Stocks are drifting in early trading as Wall Street’s wild recent moves calm a bit. The S&P 500 was up 0.3% in its first trading after careening from months of sharp losses to its best week of the year.
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Stock market news today: Stocks edge higher with Fed hopes still in playConfidence that the Fed is done with rate hikes is still encouraging investors into stocks.
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Stock market news today: Stocks rise slightly after huge week of gainsConfidence that the Fed is done with rate hikes is still encouraging investors into stocks.
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