: :inin Kyiv (EET)

Asian stocks rise, euro hit by Russia fears


HONG KONG–Asia’s markets mostly rose Wednesday, extending a recent rally, with a weaker yen boosting Tokyo while investors await the release this week of key US data and the Federal Reserve’s policy meeting.

The US and Europe’s imposition of fresh sanctions on Russia left Wall Street in negative territory, while the euro struggled at eight-month lows against the dollar owing to concerns about the impact of the measures on the eurozone economy.

Tokyo rose 0.18 percent, or 28.16 points, to a six-month high of 15,646.23, Sydney added 0.62 percent, or 34.46 points, to close at 5,622.9 and Seoul climbed 1 …read more

Source: The Philippine Daily Inquirer

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