Turmoil in global markets intensifies after Russia invaded Ukraine, triggering sanctions by the US and its allies. Photo: AFP
Hong Kong stocks revisit 2-year low as Russia sanctions widen while commodities rally, Rusal sinks 17 per cent
- Local equities slid in worst month since November, as sanctions on Russia widened; Aluminium producer Rusal sank 17 per cent as the rouble crashed
- Risky assets waned as a flight to safety buoys the US dollar and Treasuries while commodities jumped, stoking inflation concerns
Turmoil in global markets intensifies after Russia invaded Ukraine, triggering sanctions by the US and its allies. Photo: AFP