Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, amid lingering geopolitical concerns as the Ukrainian government and Russian state-controlled media continued to exchanged accusations of cease-fire violations in the eastern part of the country. Asian markets closed mostly lower on Friday.
News that Russian Foreign Minister Sergei Lavrov and U.S. Secretary of State Antony Blinken have agreed to meet in Europe next week had eased concerns about an imminent Russian invasion of Ukraine, but traders remain wary.
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