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Asian stocks, FX tumble as Russia attacks Ukraine

Asian stocks, FX tumble as Russia attacks Ukraine

Thai shares down 1.59%, gold and oil up

Smoke rises into the sky near the town of Chasiv Yar in the Donetsk region, Ukraine, on Thursday. (Photo: Reuters)

Asian stocks and currencies were battered on Thursday with shares in Thailand losing almost 1.6% and Singapore shares dropping 2% as the Russian attacks on Ukraine spoiled investors appetite for risk.

Russian forces fired missiles at several Ukrainian cities and landed troops on its south coast on Thursday, officials and media said, after President Vladimir Putin authorised what he called a special military operation in the east.

The Moscow Exchange said on Thursday morning it had suspended trading on all markets while the rouble fell to a record…

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