. CNBC (USA)
Asia-Pacific stocks slide amid continued investor caution over Russia-Ukraine war
Asia-Pacific stocks fell in Tuesday trade as investors continue watching developments on the Ukraine-Russia war. n Japan, the Nikkei 225 slipped 1.69% while the Topix index shed 1.99%. South Korea’s Kospi dipped 0.74%.
. SMH (AUSTRALIA)
Oil surge rattles Wall Street; ASX eyes flat start
The S&P records its worst day since late 2020 as the possibility the US could bar oil imports from Russia stokes inflation fears.
. NIKKEI ASIA (JAPAN)
Japan to ban exports of oil refining equipment to Russia
Japan will further sanction Russia and Belarus over the invasion of Ukraine, freezing assets held by government officials and other entities, the top government spokesman said Tuesday.
. RTT NEWS (USA)
European Shares Seen Opening On Cautious Note
European stocks are seen opening a tad lower on Tuesday as commodity prices remain firmly underpinned, raising concerns about inflation and economic growth.
. REUTERS (CANADA)
Gold dips as markets take stock of Ukraine crisis
Gold slid from the key $2,000-mark on Tuesday as investors paused to reassess the Russia-Ukraine conflict after talks hardly advanced, with a strong U.S. dollar weighing further on the safe-haven metal.
. WALL STREET JOURNAL (USA)
U.S.-Stock Funds Down 7.9% for 2022
When stock prices sell off like they have so far in 2022, investors typically buy bonds to help stabilize portfolios and reduce losses. But right now, bond prices are falling too, leaving investors with nowhere to hide.
. FINANCIAL TIMES (UK)
LME suspends nickel trading after contract soars to $100,000 a tonne
The London Metal Exchange has suspended trading in its nickel contract after the price doubled on Tuesday and soared to a record $100,000 per tonne.
. MINT (INDIA)
Credit Suisse downgrades Indian stocks on soaring oil prices
Foreign brokerage Credit Suisse has downgraded Indian equities from “overweight” to “underweight” due to surge in international oil prices.
. THE RIO TIMES (BRAZIL)
Argentina has enough wheat to supply Brazil, according to Abitrigo
The Brazilian Association of the Wheat Industry (Abitrigo) said on Thursday, March 3, that Brazil would not have problems supplying the cereal in the short term, arising from the war in Ukraine, because Argentina has signaled it has enough supply to meet Brazilian needs.
.KHALEEJ TIMES (UAE)
UAE: Gold eases from $2,000 mark as firm dollar dulls appeal
The Dubai Gold and Jewellery Group data showed 24K opening at Dh241.25 per gram on Tuesday.
. THE HILL (USA)
Biden announces ban on Russian energy imports
President Biden announced Tuesday that the U.S. will ban Russian oil, natural gas and coal imports as part of his administration’s response to Russian President Vladimir Putin’s invasion of Ukraine.
. NEW YORK POST (USA)
Russia warns of $300 oil if US, Europe proceed with import ban
Russian Deputy Prime Minister Alexander Novak warned that global oil prices could hit $300 per barrel in the event of an import ban.