Asian stocks mixed, oil falls as Russian attacks on Ukraine intensify

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Stocks were mixed in Asia and oil prices fell Monday as uncertainty over the war in Ukraine and persistently high inflation kept investors guessing about what lies ahead.

Ukrainian President Volodymyr Zelensky vowed to keep negotiating with Russia, as Russian forced bombarded a military training base near the Polish border, killing nine and wounding dozens of people. Talks aimed at reaching a cease-fire failed again on Saturday,

Hong Kong's Hang Seng index lost 3.8% to 19,779.91 and the Shanghai Composite index slipped 1.3% to 3,266.73. Wang Sheng, head of the investment banking division at China International Capital Corp, said in an opinion piece that China and the U.S. should be able to strike a deal. World markets have been rocked by dramatic reversals as investors struggle to guess how Russia's invasion of Ukraine will affect prices of oil, wheat and other commodities produced in the region.

 

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Vancouver Russian business sends support to Ukraine amid harassment, threats | Globalnews.caThe Russian Spoon bakery says it was forced to cover up the word 'Russian' in its name after being targeted by people who have associated it with the Russian invasion of Ukraine. People are so stupid. This is no different than when people were harassing and threatening Chinese people at the beginning of the pandemic. They have nothing to do with the war and, unless they're openly supporting Putin, don't deserve such treatment.
Source: GlobalNational - 🏆 81. / 51 Read more »