Crude oil prices surged Tuesday as the United States banned Russian energy imports, while nickel prices rocketed to a record peak on Russian supply fears.

The London Metal Exchange on Tuesday suspended trade in nickel after the base metal rocketed to a record peak above US$100,000 as Russian supply concerns sparked sharp volatility.

Euro zone real government bond yields fell sharply as surging energy prices fueled concerns that global economies are at risk of stagflation, a condition in which prices soar while growth stagnates.

Europe and UK natural gas prices soared to record highs Monday on fresh supply fears after the United States proposed an embargo on Russian crude oil.

Oil prices soared and shares sank in hectic trading on Monday as the euro extended its slide and commodities of all stripes were on the rise, with gold almost back at $2,000 an ounce. 

The risk-off appetite battered markets across the region, sending US stock futures also sharply lower, suggesting more pain for European and US markets when they open later in the day.

Asian shares crept higher on Thursday after reassuring comments from the Federal Reserve helped Wall Street rally, though the war in Ukraine sent oil and resource prices spiraling ever higher in a grim omen for global inflation.

Brent crude broke above $110 a barrel on Wednesday and WTI was up more than 5 percent as Russia's invasion of Ukraine continues and far-reaching sanctions on Moscow fuel worries about exports from Russia.

Stocks listed in Tokyo, Hong Kong and Shanghai opened higher on Tuesday after Wall Street avoided sharp selloffs on the Ukraine crisis, while investors awaited further economic news in the US.

News of Washington's response to Russia provided a big boost to Wall Street, where all three main indexes surged from deep in the red to end Thursday on a positive note, while crude eased back below $100.

Prices of the two metals hit their highest levels in more than a decade on Thursday.

Global oil price benchmark Brent rose to a level last seen in September 2014.

Equities mostly rose Wednesday and oil prices stabilized as investors tracked developments in the Russia-Ukraine crisis after world powers imposed less harsh sanctions on Moscow than feared.

Oil jumped to a seven-year high, safe-havens rallied and US stock futures dived on Tuesday as Europe's eastern flank stood on the brink of war after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine.

Equities were mixed Monday while oil prices eased after presidents Joe Biden and Vladimir Putin agreed in principle to hold a summit to try to find a way out of the Ukraine crisis.

US stock futures bounced on Friday and selling pressure eased in Asian share markets after the US Secretary of State agreed to a meeting with Russia's foreign minister, raising hopes for a diplomatic solution to the East-West standoff over Ukraine.

MSCI's broadest index of Asia-Pacific shares gained 0.27 percent, capped by declines in Japanese stocks.

Tokyo stocks opened higher on Wednesday extending Wall Street rallies on easing fears of an imminent Russian invasion of Ukraine.

The Trade Ministry says the trend will affect tempeh and tofu prices.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 percent in early regional trade.

The US on Sunday said Russia might create a surprise pretext for an attack, as it reaffirmed a pledge to defend "every inch" of NATO territory.

The recent popularity of binary option trading has seen many unaware Indonesians lose significant amounts of money and led to blurring of the line between investing and gambling.

MSCI's broadest index of Asia-Pacific shares eked a 0.10 percent gain on Thursday.

MSCI's broadest index of Asia-Pacific shares outside Japan added 1 percent to its highest in two weeks, helped by a 3 percent gain in Hong Kong-listed tech stocks.

The United States will ease tariffs on steel imported from Japan, officials announced Monday, but the deal does not resolve all the outstanding trade issues between the two countries.

Asian markets fluctuated in early trade on Monday as a forecast-busting US jobs report reinforced optimism that the world's top economy was well on the recovery track but also ramped up interest rate hike expectations.

Businesses and individuals are beginning to embrace photovoltaic systems, not least thanks to new rules passed this year.

Asian markets mostly rose Friday as a rally in Hong Kong on its first day back from a break helped overcome a sharp drop on Wall Street.

Meta shares lost $200 billion off its market value on Thursday, the largest ever recorded by a United States (US) company in a single session.

With much of the region still closed for the Lunar New Year break, business was again thin, though the markets that were open enjoyed strong buying interest following an upbeat performance in Europe and New York.