News Snapshot:
Asia’s investors were in a downbeat mood over dismal figures from China, Covid lockdowns and a lack of progress in Ukraine peace talks Asian stocks struggled on Thursday, failing to rise after hopes of progress on a Russia-Ukraine peace deal were dashed by Moscow. Oil prices tumbled on reports that the United States is looking at tapping into its reserves to combat a supply crisis sparked by the Ukraine war. And China stocks closed down after data showing activity in the country’s factory and service sectors had swung into negative territory in March, raising worries over the impact of recent...
