Asian shares fall as Ukraine war stokes inflation fears – Latest News – The Nation

Asian shares fell on Thursday (March 24), whilst the sell-off in U.S. Treasuries paused and oil costs rose, as buyers and investors weighed the newest tendencies within the Ukraine war and extra hawkish feedback from U.S. Federal Reserve officers.

Japan’s benchmark Nikkei ended the morning consultation down 1.11% at 27,727.76, even though off previous lows when it misplaced as a lot as 1.48%, and was once set to snap an eight-session successful streak

South Korea’s benchmark benchmark KOSPI dropped 0.66% to two,716.87, slipping from a three-week top hit within the earlier consultation, harm by way of fears of inflation on oil worth leap and escalating Russia-Ukraine battle. The Korean received and the benchmark bond yield additionally fell.

Hong Kong’s benchmark Dangle Seng Index fluctuated in morning buying and selling, shedding 0.44% to 22056.28 issues.

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