Hong Kong, Jan 12, 2026 (AFP) - Asian equities edge up, dollar slides as US Fed Reserve subpoenaed

NAMPA / AFP
2026-01-12
Asian equities posted gains Monday while the dollar dipped as investors digested news that the US Justice Department subpoenaed the Federal Reserve, raising fears over US central bank independence. Fed Chair Jerome Powell confirmed the unprecedented move late Sunday, which he blasted as part of US President Donald Trump's pressure campaign for another rate cut. The Fed has indicated it would hold rates steady. "The threat of criminal charges is a......
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KATIMA MULILO, 10 January 2026 - Zambezi Regional Football Association Chairperson, Ngwama Vuyalo (C) pictured with his two executive committee members on Saturday. (Photo BY: Michael Mutonga Liswaniso) NAMPA

KATIMA MULILO, 10 January 2026 - Zambezi Regional Football Association Chairperson, Ngwama Vuyalo (C) pictured with his two executive committee members on Saturday. (Photo BY: Michael Mutonga Liswaniso) NAMPA

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KEETMANSHOOP, 09 January 2026 - The ||Kharas Governor’s Youth Desk hosted an awareness session on the youth development fund at the Keetmanshoop Multi-Purpose Youth Centre on Friday. (Photo: Contributed)

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KEETMANSHOOP, 09 January 2026 - Chairperson of the ||Kharas Regional Council, Gerrit Witbooi, speaks during the National Youth Development Fund (NYDF) awareness session on Friday. (Photo: Contributed)

KEETMANSHOOP, 09 January 2026 - Chairperson of the ||Kharas Regional Council, Gerrit Witbooi, speaks during the National Youth Development Fund (NYDF) awareness session on Friday. (Photo: Contributed)

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GROOTFONTEIN, 08 January 2026 - A team of community health workers at Grootfontein discussed the Cholera disease outbreak with community members in the Kap en Bou informal area. (Photo by: Mulisa Simiyasa) NAMPA

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GROOTFONTEIN, 08 January 2026 - The Grootfontein State Hospital, where nearly 100 cases of cholera were treated. (Photo by: Mulisa Simiyasa) NAMPA

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GROOTFONTEIN, 08 January 2026 - Grootfontein Municipality civic building complex. (Photo by: Mulisa Simiyasa) NAMPA

GROOTFONTEIN, 08 January 2026 - Grootfontein Municipality civic building complex. (Photo by: Mulisa Simiyasa) NAMPA

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