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Asian stocks mixed, oil falls as Russian attacks intensify

Asian stocks mixed, oil falls as Russian attacks intensify

ABC News
Monday, March 14, 2022 04:44:26 AM UTC

Stocks are mixed in Asia and oil prices have fallen as uncertainty over the war in Ukraine and persistently high inflation keep investors guessing about what lies ahead

BANGKOK -- Stocks were mixed in Asia and oil prices fell Monday as uncertainty over the war in Ukraine and persistently high inflation kept investors guessing about what lies ahead.

Tokyo and Sydney advanced while Hong Kong, Seoul and Shanghai declined. U.S. futures were higher.

Ukrainian President Volodymyr Zelenskyy vowed to keep negotiating with Russia, as Russian forced bombarded a military training base near the Polish border, killing nine and wounding dozens of people. Talks aimed at reaching a cease-fire failed again on Saturday,

Russia's widening of its offensive to the western part of Ukraine comes amid warnings over the widening impact from the conflict. Moody's Investor Service said it was reviewing its credit ratings for both countries in view of rising security, economic and financial risks.

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