
Asian markets mostly fell again Tuesday, extending a global sell-off fueled by fears that Russia is about to invade Ukraine, though the losses were more muted than the previous day and oil dipped after Moscow said a diplomatic agreement was still possible.
The crisis in Eastern Europe added to long-running unease about the Federal Reserve's plans to hike interest rates as it battles to rein in 40-year-high inflation with one top official saying the bank needed to act quickly to maintain its credibility, AFP reported.