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Asian shares fall as Ukraine war stokes inflation fears, oil ticks higher

Asian shares fell on Thursday, while the sell-off in U.S. Treasuries paused and oil prices rose, as investors and traders weighed the latest developments in the Ukraine war

Indian Oil buys 3 mn barrels of Russian Urals for May loading: Report

Indian Oil Corp, the country's top refiner, on Wednesday bought 3 million barrels of Russian Urals and 2 million barrels of West African oil through a tender for May loading

Dropping gains, Wall Street pulls back on stocks, US Treasury yields dip

Wall Street pushed stocks and Treasury yields down after both had powered higher earlier in the week as investors took in the strength of the economy and hawkish comments from US policymakers

Dollar climbs, euro dips, as Biden brings sanctions plan to Europe

The dollar climbed while the euro weakened as oil prices shot higher again with Biden poised to announce, alongside European leaders, new sanctions against Russia during his trip to Europe.

One of two black boxes from crashed China plane found

Chinese emergency workers found on Wednesday one of two black boxes from a China Eastern Airlines plane that crashed this week in forest-clad mountains with 132 people onboard, the aviation regulator

Novavax says its Covid-19 vaccine gets India authorisation for teens

The authorization is a global first for the age group for the vaccine, which is manufactured and marketed in India by the Serum Institute of India under the brand name Covovax.

Sending international peacekeepers to Ukraine would be reckless: Russia

Ukrainian forces have mounted stiff resistance and the West has imposed sweeping sanctions on Russia in an effort to force it to withdraw its forces.

Russia will start selling gas to 'unfriendly' countries in roubles: Putin

European countries' dependence on Russian gas and other exports has been thrown into the spotlight since Russia sent tens of thousands of troops into Ukraine on Feb 24

Dollar climbs, euro weakens, as Biden brings sanctions plan to Europe

The dollar index rose 0.291%, with the euro down 0.46% to $1.0976.

India mothballs plan to let local companies to list overseas: Report

3 govt officials with direct knowledge of the decision say the plan had been put on hold as govt believes there's enough depth in local capital markets for firms to raise funds and get good valuations

Gold gains on concerns over Ukraine crisis, inflation

Spot gold was up 0.4% at $1,929.70 per ounce by 10:20 a.m. ET (1420 GMT). U.S. gold futures added 0.6% to $1,933.50

Indian Oil buys 3 million barrels of Urals for May loading: Report

Urals crude has been purchased from trader Vitol on delivered basis at a "discount", they said

Oil jumps 5% as Caspian pipeline disruption adds to supply fears

The CPC pipeline carries around 1.2 million barrels per day of Kazakhstan's main crude grade, which accounts for 1.2% of global demand

Dow falls 290 pts as oil climbs, Adobe drops; focus on US rate outlook

GameStop jumps after chairman picks up more shares; Adobe falls on lackluster current-quarter forecast

UK's Sunak tries to ease cost-of-living hit with tax cuts

Britons still face biggest cost-of-living squeeze on record; inflation forecast to reach nearly 9% in late 2022

Russia must stop 'irresponsible' nuclear rhetoric, says NATO chief

Jens Stoltenberg warned Russia against using nuclear, biological or chemical weapons in Ukraine, while stressing NATO's readiness to 'protect and defend allies against any threat any time'

Global equities creep to 5-week highs, ignore selloff in bond markets

But the bulk the action was focused in the bond markets, with two-year US yields pausing for breath at a six-year high after a massive rise this month

Euro weakens as Joe Biden carries new sanction plans to Europe

The European Union currently seems unlikely to agree to a ban on Russian oil which would also weigh on the euro

India's Feb crude oil imports hit four month-low as global prices surge

India is the world's third-biggest oil importer and consumer, and covers over 80% of its crude oil needs with imports, relying heavily on the Middle East

Ukraine crisis: Russia gets Chinese backing to stay in G20

Russian President plans to be at next G20 summit in Indonesia; US, allies mull barring Russia over invasion of Ukraine