Global Shares are Mixed Tuesday        09/29 05:58

   Global shares were mixed on Tuesday following losses on Wall Street, while 
U.S. Treasury yields paused their run-up after reaching their highest level in 
roughly two decades.

   HONG KONG (AP) -- Global shares were mixed on Tuesday 
https://apnews.com/article/stock-markets-oil-war-inflation-6b70287210105d208eb09
44d589d31f2, while U.S. Treasury yields paused their run-up after reaching 
their highest level in roughly two decades.

   U.S. futures edged lower and oil prices stabilized over uncertainties about 
U.S.-Iran talks and the possible reopening of the 
https://apnews.com/hub/strait-of-hormuz, a crucial route for global oil 
shipments.

   In early European trading, Britain's FTSE 100 rose 0.3% to 10,721.04. 
France's CAC 40 gained 0.1% to 8,086.40, while Germany's DAX added 0.3% to 
25,460.81.

   In Asia, Japan's Nikkei 225 lost 0.6% to 65,481.27. South Korea's Kospi 
declined 0.3% to 6,870.81 and Hong Kong's Hang Seng dropped 0.5% to 24,523.57.

   Hong Kong-traded shares of 
https://apnews.com/article/shein-hong-kong-debut-listing-shares-126f7d325f24f37d
5bc067b19e98901a fell 10.7%, after the online fashion retailer reported that 
its adjusted net profit fell 67% in the three months ending June 30 compared 
with the year-earlier period.

   The Shanghai Composite index gained 0.2% to 3,830.45 after the Xinhua News 
Agency reported late Monday that China's State Council had discussed "improving 
the effectiveness" of macro policies to help boost its economy.

   Australia's S&P/ASX 200 edged up 0.3% to 8,709.30. Taiwan's Taiex was 0.8% 
lower, while India's Sensex fell 0.5%.

   On Monday, the S&P 500 slipped 0.8%, the Dow Jones Industrial Average fell 
0.7%, and the Nasdaq composite dropped 0.9%.

   Stocks have been pressured by rising U.S. Treasury yields as investors 
demand higher returns amid growing concerns about inflation and 
https://apnews.com/article/treasury-national-debt-limit-a27a8d3651ff810b25c610d3
e1b6259d.

   The yield on the 10-year U.S. Treasury, near its highest since 2007, was at 
about 5.24% early Tuesday. It reached 5.27% on Monday, up from about 5.17% on 
Friday.

   Central banks have been raising interest rates to help curb inflation. 
Australia's central bank lifted its benchmark rate on Tuesday for the fourth 
time this year, taking it to the highest level in 15 years.

   Earlier this month, the U.S. Federal Reserve raised rates 
https://apnews.com/article/federal-reserve-warsh-trump-inflation-bab1bcb07e973bf
b2dd0c3e5fbbb73b1, and the Bank of Japan increased its key rate 
https://apnews.com/article/japan-economy-interest-rates-inflation-67e71246d3af41
bcfc61aa788f9959c7.

   Oil prices remained elevated as 
https://apnews.com/article/iran-trump-negotiations-war-strait-nuclear-871504dbd9
8d9b08b226b9805d8f4606 with the United States and Iran on reaching a deal to 
end the fighting and open the https://apnews.com/hub/strait-of-hormuz. U.S. 
President Donald Trump at the weekend 
https://apnews.com/article/mideast-roundup-iran-saudi-israel-yemen-c529a0a729600
230559354b80c005bad to reopen the key waterway.

   Brent crude, the international standard, fell 0.3% to $97.55 a barrel after 
rising earlier. It remained well above its level of roughly $72 a barrel in 
late February, before the war with Iran.

   The U.S. dollar rose to 157.43 Japanese yen from 157.39 yen. The euro was 
trading at $1.1335, down from $1.1371.