Asian Market Updates

Asian Shares Mixed Ahead Of Fed Meeting

Asian stocks ended mixed on Monday as the Russia-Ukraine war dragged on and investors awaited the outcome of the Federal Reserve's policy meeting this week for clues about further interest rate hikes and policy tightening for the rest of the year.

Chinese and Hong Kong markets succumbed to heavy selling pressure as the spreading new coronavirus outbreaks in China added to global uncertainty. Sentiment was also dented after data showed a sharp drop in February's new bank lending in China.

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by RTTNews Staff Writer

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