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News Forum - Asian stocks rise Friday with new Russian sanctions, market volatility increases worldwide

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Asia markets ticked higher at opening on Friday, encouraged by a rebound of the US stock market, after Russia was struck with a flurry of international sanctions. President Joe Biden has announced a new round of sanctions against Russia, crippling its ability to conduct business in major currencies. Many indexes were in the green on Friday morning, including Tokyo’s Nikkei 225 index, which opened 0.9% higher, the BBC reported. Elsewhere, South Korea’s Kospi leaped up 1.6%, while Sydney’s S&P/ASX 200 was up 0.3%. Global shares fell sharply on Thursday, in response to Russia’s invasion of Ukraine, before Biden announced the […]

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