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 Russian air defence has intercepted and destroyed 158 Ukrainian drones across multiple regions over the past night, the Russian Defence Ministry said in a statement on Sunday.
Russia conducted another major aerial strike on Ukraine overnight, using an Iskander-M ballistic missile, four S-300 guided missiles, and 52 combat drones, the Ukrainian Air Force said in a statement on Saturday.
India on Friday said it would support any feasible and mutually acceptable solution to the ongoing conflict between Russia and Ukraine as a friend and partner of the two countries.
The visit of US National Security Advisor Jake Sullivan to China underscores the strategic importance of the US-China relationship. Despite the Biden administration’s focus on other global challenges, such as the war in Ukraine and the crises in West Asia, it is clear that managing ties with China remains a priority.
Ukraine's state-run energy company Ukrenergo has said that it has implemented nationwide power cuts following Russia's largest-ever airstrike on the country.
