Bloomberg US equities drifted lower as investors digested earnings reports and shifted focus to the Federal Reserve’s imminent rate decision. The dollar recovered from earlier losses to surge for a third straight session, while Treasuries were little changed. The S&P 500 Index declined in Wednesday trading, with healthcare and financial stocks among the laggards. Tech shares moved higher on the …

Bloomberg There’s been lots of competition for the title of Asia’s best-performing stock market this year. Among the major equity indexes in the region, eight have climbed to records in the first four months alone. On Wednesday, Singapore’s Straits Times Index nudged higher, boosting this year’s gain to 6.2 percent in local currency terms, and took the top spot from …

Bloomberg Australia left its key interest rate unchanged at a record low — as expected — amid the slowing of a hiring boom. Reserve Bank Governor Philip Lowe kept the cash rate at 1.5 percent, where it has stood since late 2016, as the central bank waits for inflation to strengthen. The nation’s jobs growth has declined to a three-month …