SINGAPORE – Asia-Pacific shares fell on Thursday as investors continue to watch the aggravation of the situation between Russia and Ukraine.
In Japan, Nikkei 225 decreased by 0.73% and Topix decreased by 0.5%.
South Korea Kospi decreased by 1.6%. Bank of Korea at its meeting on Thursday kept interest rates unchanged at 1.25%.. However, he predicted that consumer price inflation would be “well above 3% for a significant amount of time”.
Australia S & P / ASX 200 decreased by 2.78%. The broadest Asia-Pacific equity index MSCI outside of Japan traded 1.62% lower.
On the revenue front, Alibaba will report third-quarter earnings at the end of Asia.
The crisis entered a new phase this week when Russian President Vladimir Putin said Moscow was officially recognizing the independence of two pro-Moscow separatist regions in eastern Ukraine.
Russian state media on Wednesday reported that Moscow had begun evacuating people from its embassy in Kiev, the capital of Ukraine.
At night on Wall Street, three major indexes continued to fall. The S&P 500 fell 1.8% and deepened, while the Dow Jones Industrial Average fell 1.38% to 33,131.76. Nasdaq Composite technology lost 2.6% to 13,037.49.