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.
After Ukraine and Gaza, the line between the West and the Rest (what is today called the Global South) has been drawn clearer and clearer.
Ukraine and Russia carried out their largest prisoner swap since February 2022, the Coordinating Headquarters for the Treatment of Prisoners of War has said.
Russia has fired nearly 300 missiles and more than 200 Shahed combat drones against Ukraine since December 29, Ukrainian President Volodymyr Zelensky has said.
Urging Congress to release more funds for providing military aid to Ukraine, the US State Secretary said that "Congress needs to act in the new year".
Ukraine has tripled the production of weapons and military equipment this year, President Volodymyr Zelensky has said.
