European markets are set for a cautious start to the second quarter on Friday, with talks between Russia and Ukraine continuing to guide investor sentiment.
European stocks are coming off their first losing quarter in two years after closing Thursday's session down 6.3% since the start of the year.
Peace talks between Russia and Ukraine have yielded little fruit thus far, with Kyiv and its Western allies remaining skeptical of Moscow's intentions and the legitimacy of its commitment to partial military pullbacks in northern Ukraine. Meanwhile, Russian President Vladimir Putin has warned that gas exports to "unfriendly" states will be halted from Friday unless they pay in rubles, furthering global energy supply concerns. However, European leaders have indicated that this demand will not apply to Russia's European customers.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia-Ukraine live updates: Russia hands over control of ChernobylUKRAINE-RUSSIA LATEST: 🔷 More than 600 residents of Mariupol evacuate heavily bombed city in private cars 🔷 Roughly 500 Ukrainian refugees and some Russians at U.S. southern border 🔷 Ukraine resumes control of Chernobyl nuclear power plant
Read more »
Russia-Ukraine live updates: Kyiv, Chernihiv accuse Russia of attacks despite promise to reduce strikesMore than 4 million people have now fled Ukraine, according to the United Nations.
Read more »
Russia-Ukraine live updates: Russia may 'single out and detain' Americans, US warnsLATEST: Air raid sirens sounded off across almost all of Ukraine overnight and into early Wednesday, hours after Russia said it would scale back its military operations around Kyiv and Chernihiv.
Read more »
China praises Russia for preventing humanitarian crisis in Ukraine'China-Russia relations have withstood the new test of changing international dynamics,' China's foreign minister told his Russian counterpart.
Read more »
Russia keeps pounding Ukraine, fueling skepticism over Putin's intentions as his war creates 4 million refugeesAfter Russia said it would 'reduce' its assault on Kyiv, some forces do seem to have pulled back, but bombs keep falling, and 4 million people have fled the country.
Read more »
EU to Pressure China at Virtual Summit Over Its Stance on Russia-Ukraine War, Sources SayEuropean Council President Charles Michel and European Commission President Ursula von der Leyen are speaking Friday with China’s Prime Minister Li Keqiang and Chinese President Xi Jinping.
Read more »