Skip to Content

Asian shares rise on easing of Ukraine tensions, cheaper oil


AP Business Writer

TOKYO (AP) — Asian shares are higher, buoyed by hopes for a diplomatic solution instead of a Russian invasion of Ukraine. But analysts warned the tensions were far from completely resolved, and the situation remains volatile. Benchmarks rose in Japan, Australia, South Korea and China. The Chinese government reported consumer prices rose 0.9% over a year earlier in January while prices of goods as they left the factory rose 9.1%. Stocks ended broadly higher on Wall Street, as investors welcomed signs that tensions might ease in Ukraine. Inflationary pressure is still gathering momentum in some parts of the world. Investors are also awaiting earnings reports, including from Walmart later this week.  

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press


KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content