Shock in Asia following Russian invasion of Ukraine

While Asian markets rebounded on the second day of the invasion, investors in the region were reaching out to gold. PHOTO: AFP
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Disbelief was the general reaction in Asia to the Russian invasion of Ukraine and many countries scrambled to try and repatriate their people from the conflict area.

There were also concerns over spiralling oil prices, volatility in markets, cyber security attacks and the likely impact of the sanctions unleashed by the United States, Japan and European countries on supply chains.

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