The benchmark Nikkei 225 index rose 0.28 per cent, or 78.49 points, to 27,744.47 in early trade, while the broader Topix index added 0.27 per cent, or 5.18 points, to 1,949.45. ­— AFP pic

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TOKYO, April 4 — Tokyo’s Nikkei index opened higher today, tracking gains on Wall Street, but early trade was volatile as investors eyed developments in Ukraine and Covid-19 lockdowns in China. 

The benchmark Nikkei 225 index rose 0.28 per cent, or 78.49 points, to 27,744.47 in early trade, while the broader Topix index added 0.27 per cent, or 5.18 points, to 1,949.45. ­— AFP

File photo of euro sculpture seen outside the headquarters of the European Central Bank (ECB) in Frankfurt, November 5, 2013. — Reuters pic

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CERNOBBIO, April 2 — The European Union is working on further sanctions on Russia but any additional measures will not affect the energy sector, the EU’s Economic Commissioner Paolo Gentiloni said in Cernobbio today.

The 27-nation bloc will be faced with a growth slowdown caused by the war in Ukraine but not a recession, he added, saying the 4 per cent growth forecast was too optimistic and the EU would not reach it. — Reuters