US House Speaker Nancy Pelosi's visit to Taiwan negatively affected the stock markets as investors dumped risky equities.
Asia-Pacific shares sink after Russian President Putin recognises two breakaway regions in eastern Ukraine as 'independent'. Russian rouble hits 18-month low and brent crude races to seven-year high.
Most Asia-Pacific share indexes followed Wall Street higher, with Hong Kong's Hang Seng leading gains in the region, while benchmark US Treasury yields continued their decline.
Transformative initiatives like the GameStop rally aim to claw back some of the power and wealth from the very top.
Mirroring the emptying of supermarket shelves around the world, indebted corporates have rushed into money markets to hoard dollars, with a global shortage of greenback funding threatening to cripple firms from airlines to retailers.
Equities fell in Asia as investors took a step back after recent gains, with the focus now turning to a key speech by Federal Reserve boss Jerome Powell at the end of the week.
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