Australian shares fell on Tuesday as tensions between Russia and the West grew after Moscow recognised two breakaway regions in eastern Ukraine as independent, while supermarket chain Coles Group jumped after beating estimates for first-half profit.
The S&P/ASX 200 fell 1.1% to 7,150.8 by 2350 GMT after closing 0.2% higher in the previous session. Trading was thin due to a U.S. holiday on Monday. Russian President Vladimir Putin on Monday recognised two breakaway regions in eastern Ukraine as independent and ordered the Russian Army to launch what Moscow called a peacekeeping operation into the area, upping the ante in a
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