Wednesday's News Links

[Yahoo/Bloomberg] Stocks Slide as European Stagflation Fears Mount: Markets Wrap

[Yahoo/Bloomberg] Japan Ramps Up Verbal Defense as Yen Sets Fresh 10-Month Low

[Yahoo/Bloomberg] Soaring US Dollar Raises Alarm as China, Japan Escalate FX Pushback

[Yahoo/Bloomberg] Oil Edges Away From $90 After OPEC+ Leaders Extend Supply Cuts

[CNBC] Fed’s Collins says policymakers can ‘proceed cautiously’ on future rate hikes

[CNBC] Mortgage demand drops to 27-year low as interest rates pull back

[Yahoo/Bloomberg] ‘There’s No Plan B’: Oil Chiefs Sound Alarm on Refining Woes

[Yahoo/Bloomberg] Toronto Home-Price Rebound Ends as High Rates Weigh on Market

[Reuters] UK builders suffer sharp fall in orders as rates rise -PMI

[Yahoo/Bloomberg] Country Garden’s Next Major Debt Test Looms Monday as Vote Ends

[Dow Jones] German Economic Outlook Worsens as Manufacturing Woes Pile Up

[Reuters] Panama Canal water levels at historic lows, restrictions to remain

[AP] This summer was a global record breaker for the highest heat ever measured, meteorologists say

[Reuters] US says North Korea will 'pay a price' for any weapons supplies to Russia

[BBC] How worrying is a Russia-Kim Jong Un alliance?

[Reuters] China warns against 'new Cold War' at ASEAN summit

[Reuters] Analysis: For foreign envoys in China, Xi’s G20 absence confirms worrying trend

[Bloomberg] India’s Moment Has Arrived, and Modi Wants a New Global Order

[WSJ] Real-Estate Doom Loop Threatens America’s Banks

[WSJ] Rising Rents Are Hitting American Suburbs Hardest

[FT] China and Japan push back against dollar strength

[FT] Inflation worries fuel Japanese rush to buy gold

[FT] Eurozone housebuilding declines at fastest pace since start of pandemic

[FT] FSB warns of risks posed by hedge funds’ ‘hidden leverage’

[FT] Interest rate rises heap pressure on hedge funds to perform

[FT] North Korea leans on Russia to bolster weapons trade