Shares were lower Friday in Asia after another bumpy day on Wall Street, as investors remain concerned about the broader impact of Russia's invasion of Ukraine. Shares fell more than 2% in Tokyo and Hong Kong and declined in most other Asian markets. U.S. futures were lower. The S&P 500 fell 0.5% Thursday and the Nasdaq fell 1.6% as technology companies led the way lower. Oil prices eased back from their recent highs and European markets also closed lower. Russian troops were shelling Europe's largest nuclear power plant, in Ukraine, raising worries over radiation risks. A spokesman for the plant in Enerhodar, Ukraine, said in a video posted on Telegram that there was a real threat of nuclear danger. Andriy Tuz said shells were falling directly on the plant and had set fire to a reactor that was not operating but had nuclear fuel inside. Elsewhere, Russian forces gained ground in their bid to cut off the country from the sea, as Ukrainian leaders called on citizens to rise up and
As global sanctions against Moscow tighten, the United States is poised to ban Russian flights using American airspace, following similar moves by the European Union and Canada.
World shares were mixed Tuesday after talks between Russia and Ukraine aimed at ending the war just yielded an agreement to meet again
MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.42% and Japan's Nikkei jumped 1.47%
Global share markets have tumbled in recent days following Russia's invasion of Ukraine
Investors rediscovered their risk appetite overnight after some initial sharp losses, with major U.S. indices posting gains on Wall Street on Thursday, lead by tech stocks.
Wall St futures rallied on news U.S. President Joe Biden and Russian President Vladimir Putin have agreed in principle to hold a summit on the Ukraine crisis.
Stocks fell Friday in Asia after a retreat on Wall Street as escalating worries over the possibility Russia may invade Ukraine rattled global financial markets. Benchmarks were moderately lower in Tokyo, Hong Kong, Sydney, Seoul and Sydney. On Thursday, the S&P 500 fell 2.1 per cent, its biggest drop in two weeks, the Dow Jones Industrial Average declined 1.8 per cent and the Nasdaq composite slid 2.9 per cent. The losses wiped out the major indexes' weekly gains. The wave of selling came as President Joe Biden warned that Russia, which is believed to have built up some 150,000 military forces near Ukraine's borders, could invade within days. Dignitaries raced for solutions but suspicions between East and West only seemed to grow, as NATO allies rejected Russian assertions it was pulling back troops from exercises that had fueled fears of an attack. The Ukraine crisis has hung over markets for weeks, adding to volatility in markets. Russia is a major energy producer and if it ...
MSCI's equivalent regional index that removes Japan rose 0.64%.
The tension between world powers over the Ukraine situation, which has developed into one of the deepest crises in East-West relations for decades, has been front-and-centre of investors' minds.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4% in early regional trade after stock markets in the United States and Europe lost ground on Monday.
World bond yields continued to ease from multi-year highs
Investors across asset classes are devoting considerable thought to the pace and timing of interest rate hikes by central banks across the world.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2% after sliding 2.26% on Thursday
In its latest policy update on Wednesday, the Fed indicated it is likely to raise U.S. interest rates in March
By Andrew Galbraith
Asian share markets broke a five-day slide to edge higher on Thursday, shrugging off drops in Europe and on Wall Street overnight
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The threat of the omicron variant is becoming real for many of Asia's biggest countries just as it looks set to subside in some Western nations