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Japanese shares fall on resurfaced Ukraine tensions, inflation concerns

A senior Biden administration official said on Wednesday the United States does not believe Russia's claim to be withdrawing troops from the Ukraine border

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here were 93 advancers on the Nikkei index against 124 decliners.

Reuters
Japanese shares fell on Thursday as concerns surrounding Ukraine resurfaced and curbed appetite for risk assets, while investors remained worried about rising interest rates globally to contain broadening inflationary pressures.

By 0223 GMT, the Nikkei share average fell 0.3% to 27,389.07 and the broader Topix slipped 0.37% to 1,939.36. The Nikkei had gained 2.2% on Wednesday.

"The Ukraine situation remains uncertain. The market rose yesterday as tensions eased between Russia and Ukraine. Today, investors sold stocks again," said Ikuo Mitsui, a fund manager at Aizawa Securities.

A senior Biden administration official said on Wednesday the United States does not believe Russia's claim to

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