HONG KONG, March 23 (Reuters) - The Australian dollar marched higher and the Japanese yen continued its slide on Wednesday, as markets turned more positive on riskier assets and high commodity prices drove developments.

SINGAPORE, March 23 (Reuters) - Asian equities hit three-week highs on Wednesday as cash fleeing tumbling bond markets flowed back toward big tech and other beaten-up sectors, while the Ukraine conflict's potential to further hit supplies kept oil and commodity prices high.

SHANGHAI, March 23 (Reuters) - China's Geely Automobile Holdings Ltd (0175.HK) said on Wednesday its 2021 net profit fell 12%, as auto sales in the world's biggest market were hit by the coronavirus pandemic and chip shortages.

NEW DELHI, March 23 (Reuters) - Oil prices rose on Wednesday as a reported drop in U.S. crude inventories increased concerns about tight global supplies amid the hit to Russian exports from economic sanctions.

March 21 (Reuters) - Federal Reserve Chair Jerome Powell on Monday delivered his most muscular message to date on his battle with too-high inflation, saying the central bank must move "expeditiously" to raise rates and possibly "more aggressively" to keep an upward price spiral from getting entrenched.

March 22 - Oil futures extended gains on Tuesday morning on news that some European Union members are considering imposing sanctions on Russian oil and as attacks on Saudi oil facilities sent jitters through the market.