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 two leaders spent most of their time together discussing the conflict situation.
Prime Minister Narendra Modi arrived in war-torn Ukraine on Friday at the invitation of Ukrainian President Volodymyr Zelensky to push for a peaceful resolution to the ongoing Russia-Ukraine conflict.
Seventeen people were rescued after Ukraine attacked a ferry docked at Russia's Black Sea port of Kavkaz, local authorities said.
Ahead of his visit to Ukraine, Prime Minister Narendra Modi on Wednesday said that India has always advocated for permanent peace in the region, adding that it believes in dialogue and diplomacy to resolve conflict.
Prime Minister Narendra Modi on Wednesday said he will share perspectives with Ukraine President Volodymyr Zelenskyy on a peaceful resolution of the ongoing conflict in his nation during talks between them on August 23.
