Benchmark oil prices have experienced wild swings after the US and the UK imposed sanctions targeting the supply of Russian oil Asian energy markets are facing heightened uncertainties as prices swing over the latest Western sanctions targeting Russian oil shipments and US President Donald Trump's push to expand American oil output,

Asia-Pacific markets trade mixed on Thursday as investors continued to weigh U.S. President Donald Trump's recent trade policy announcement. Investors also responded to China's latest move to reverse its sluggish stock market by prompting insurance funds to raise the size and proportion of their investments in Chinese A-shares,

China is slated to release its December trade data later in the day, while India is expected to report its inflation figures for the same month.

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.

People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024.

Economists are split on whether Singapore's central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies U.S. President Donald Trump introduces in his second term.

The Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility.Most Read from BloombergThese Homes Withstood the LA Fires.

Asian shares are facing additional downward pressure from prospects of fewer Fed rate cuts in 2025. The Fed reduced rates by 100 basis points in 2024, but signaled fewer-than-expected cuts in 2025 in the face of sticky inflation and a resilient economy.

The downward start in Asia comes as a global risk rally this week, fueled by traders re-adjusting Federal Reserve interest rate cut bets following Wednesday’s benign inflation data, loses steam.

China is slated to release its December trade data later in the day, while India is expected to report its inflation figures for the same month.

In Asia-Pacific, India's 10-year bond yields rose the most in ... the future as they are concerned over large government budget deficits. Last month, the Federal Reserve projected just two rate cuts in 2025, having previously indicated twice as many ...

Japanese investors raised their holdings in foreign stocks, driven by a benign U.S. core inflation report that fuelled expectations of Federal Reserve cuts and boosted global equities, while a strong yen also lifted domestic buying power.