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Nasdaq climbs 3%, Dow rises 2% on bargain hunting, easing oil prices

S&P 500 financials top S&P sectoral gainer; energy shares fall after strong rally this week

Indian companies stay put in Russia but pharma exports could be hit

Executives at Indian pharma companies Torrent Pharmaceuticals and Zydus Lifesciences said they saw little or no impact on sales due to the Ukraine conflict.

India's February fuel demand rises, but soaring crude may slow uptick

While India has been on a recovery path until now, high oil prices at present could lead to some demand destruction, says an analyst

Ukraine accuses Russia of bombing childrens' hospital in besieged Mariupol

Hospital hit by several Russian bombs, city council says while Moscow denies targeting civilians; Kyiv calls for ceasefire to restore Chernobyl power

Oil falls 5% on speculation US Russia oil ban won't add to supply shock

Oil also fell as the head of the IEA described the agency's decision to release 60 million barrels of oil from strategic reserves as 'an initial response' and said that more could be released

Bitcoin rallies after Biden signs executive order on digital assets

Biden's order will require the Treasury Department, the Commerce Department and other key agencies to prepare reports on 'the future of money' and the role cryptocurrencies will play

Wall Street jumps on tech, financials strength; Dow rises over 200 points

The Dow Jones Industrial Average rose 227.78 points, or 0.70%, at the open to 32,860.42.

Apple to chime louder in Asia with new 5G iPhone SE

New 5G SE model should help low-end appeal in Asia; Apple prices latest phone at $429

Food inflation on Ukraine crisis could force RBI's hand on rates: Economist

The RBI would like to keep interest rates unchanged for a while longer and not put any roadblocks in front of the Indian economy, says Moody's Analytics' Steve Cochrane

European stocks rebound as markets pause, oil prices cool down

Russia accused the United States of declaring an economic war, after U.S. President Joe Biden announced a ban on Russian oil exports on Tuesday.

Euro rallies ahead of ECB meet, Poland's zloty and Hungary's forint surge

Sterling rose 0.4% against the dollar to $1.3148, Poland's zloty jumped 1.8% against the greenback to 4.3808 and Hungary's forint surged 2.8% to 345.80.

Gold, palladium retreat from highs but Ukraine crisis looms

Key equity indices rebounded as investors picked up beaten-down stocks following a recent rout sparked by fears about growing Western sanctions on Russia for its invasion of Ukraine

Ukraine warns of radiation leak risk after power cut at Chernobyl plant

The plant was captured by Russian forces after the Kremlin launched a full-scale invasion of Ukraine on Feb. 24

Scant progress evacuating Ukrainians despite Russian ceasefire promise

Situation in Mariupol 'apocalyptic', says Red Cross; previous efforts to evacuate besieged cities have failed

Oil falls towards $125 as investors weigh US ban on Russian oil imports

A view that the US ban of Russian oil imports may not worsen shortages kept a lid on prices, traders said, as did talk that Ukraine was no longer seeking NATO membership

Euro edges up 0.5% against the dollar ahead of ECB meeting

Other European currencies such as Poland's zloty and Hungary's forint rebounded from record lows against the euro, both supported also by their central banks' sharp interest rate hikes on Tuesday.

European stocks open higher as investors weigh up oil ban's impact

Western sanctions have cut Russia off from global trade and financial markets in response to its invasion of Ukraine, and oil prices only edged higher after the US ban

Oil rises towards $130 as Russian crude struggles to find buyers

The United States on Tuesday imposed a ban on Russian oil imports, Britain said it would phase them out and Shell said it would stop buying Russian crude

Dr. Reddy's plans 'business continuity' in Russia despite Western pullout

Indian pharmaceutical major Dr. Reddy's Laboratories Ltd said on Wednesday it was focused on employee safety and business continuity in and around Russia

Australia's east coast floods to be declared a national emergency: PM Scott

Floods that have devastated Australia's east coast will be declared a national emergency, PM Scott Morrison said on Wednesday, as authorities look to deploy aid and urgent supplies to worst hit areas