Asian shares jump, yen licks wounds on Ukraine relief


TOKYO: Asian stocks jumped and the safe-haven yen licked its wounds after a sharp tumble on Wednesday, following remarks from Russian President Vladimir Putin that allayed fears of an imminent military conflict in Ukraine, and revived investor risk appetite.

Putin said Russia reserved the right to use all options to protect compatriots who were living in "terror" in Ukraine, but that force was not needed for now.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Maybank 1Q earnings up 9.8% on higher core fees
Encouraging outlook
Investors rush to grab piece of US$1.8 trillion UK pensions pie
Starwood’s US$10bil REIT turns to survival mode as pain lingers
US stock changes affect Asia forex trades
MPI set for strong show
Is universal health insurance the way forward?
Panda to capitalise on new opportunities including e-invoicing
Raising the bar
Johor Group Plantations aims to go public in 3Q

Others Also Read