Asian shares firmer as Ukraine market panic takes a breather

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Reuters

By Selena Li HONG KONG (Reuters) – Asian stocks regained some composure on Tuesday as the massive selling that rocked financial markets after Russia’s invasion of Ukraine last week paused for breath, while surging crude prices supported oil exporters in the region. Global stock markets have tumbled in recent days following Russia’s invasion of Ukraine and Western sanctions, which include cutting off some of Russia’s banks from the SWIFT financial network and limiting Moscow’s ability to deploy its $630 billion foreign reserves. High-level talks between Kyiv and Moscow on Monday ended with no a…

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