archivefinancial markets

Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. U.S. futures were mixed and oil prices were little changed.In Tokyo, the Nikkei 225 index gave up early gains to shed 0.4% to 41,095.23. Reports said the Finance Ministry might have intervened in the currency market last week, buying nearly 6 trillion yen ($37 billion) to support the yen.The U.S. dollar rose to 158.42 Japanese yen from 158.34 yen on...