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.
Prime Minister Narendra Modi on Monday discussed the situation in war-torn Ukraine and volatile Bangladesh with US President Joe Biden.
When PM Modi visited Moscow in early July, the dates coincided with the NATO summit in Washington. There were calls from the US requesting India to defer the visit, which were ignored. The US ambassador to India, Eric Garcetti, commented that India should not take relations with the US for granted.
Ryan Evans, a British safety adviser who was working for the Reuters news agency, was killed and two other journalists were injured in a Russian strike at a hotel in Kramatorsk, eastern Ukraine, on Saturday night
Prime Minister Narendra Modi's visit to Kyiv on Friday was not just a symbolic gesture but a crucial diplomatic engagement that could shape India's foreign policy trajectory amid the ongoing Russia-Ukraine conflict.
Calling India a strong partner of the US, White House said that the United States welcomes any other country willing to be helpful in trying to end the conflict in Ukraine and Prime Minister Narendra Modi's visit to Kyiv can contribute to achieving a peaceful resolution aligned with Zelenskyy's vision.
