Tokyo stocks retreat amid geopolitical, economic uncertainties
Tokyo stocks retreated on Wednesday as investors grappled with heightened uncertainties surrounding US monetary policy and geopolitical tensions between Ukraine and Russia.
Tokyo stocks retreated on Wednesday as investors grappled with heightened uncertainties surrounding US monetary policy and geopolitical tensions between Ukraine and Russia.
The outgoing Biden Administration’s authorisation for Ukraine to carry out long-range missile strikes against Russian targets using US weaponry signals a significant escalation in the on-going conflict.
The Indian stock market, which saw a super rally on Tuesday, lost the steam towards the end amid heavy profit-booking, as fresh tensions between Ukraine and Russia came to light.
The on-going conflict in Ukraine has sent shockwaves through global energy markets, impacting everything from international relations to commodity prices.
The BRICS summit has once again brought the group’s growing global clout into sharp focus, particularly in the context of the ongoing war in Ukraine.
The White House on Tuesday said that India's ties with Russia give it the ability to urge Russian President Vladimir Putin to end the conflict in Ukraine.
The development came after Prime Minister Modi, who is in Moscow for a two-day visit, raised the matter at a private dinner hosted by Putin on Monday evening, sources added.
The US also expressed its concerns about India's relations with Russia, which have been conveyed to New Delhi as part of a full and frank dialogue between the two sides.
World No.35 Yulia Putintseva stormed back from a set deficit to stun World No.1 Iga Swiatek while No.21 seed Elina Svitolina of Ukraine charged past two-time finalist Ons Jabeur in the third round of the women's singles action at the Wimbledon on Saturday.
Prime Minister Narendra Modi’s upcoming visit to Russia is significant, marking a critical juncture in India’s geopolitical strategy and economic diplomacy.
