FILE PHOTO: A man walks past an electronic board displaying Japan’s Nikkei index and various countries’ stock market index prices outside a brokerage in Tokyo, Japan, Feb 22, 2022. (Reuters)
Asian markets mostly fell Monday as traders track developments in the Ukraine war and diplomatic efforts to bring the crisis to an end while Hong Kong took a pounding after China placed Shenzhen into lockdown, fuelling a rout in the tech sector.
Oil prices dropped, providing some respite after they soared to a near 14-year high last week, though the commodity remains elevated around $110 and keeping upward pressure on inflation.
Trading floors continue to be awash with uncertainty as Russia’s war in Ukraine rages, with comments from Vladimir Putin that there were “positive developments” in talks with Kyiv unable to…
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