By Stella Qiu and Alun John
BEIJING, March 24 (Reuters) - Asian shares were volatile on Thursday and oil prices turned lower as the latest developments in the Ukraine war and more hawkish comments from U.S. Federal Reserve officials left investors uneasy.
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) recouped some of its earlier losses to be off 0.34%, on the day, with Chinese stocks leading the declines.
Hong Kong's Hang Seng Index (.HSI) fell 0.3% while the mainland's blue-chip index (.CSI300) slid 0.6%.
Japan's Nikkei (.N225), however, reversed losses to gain 0.25% and end the session at a nine-week high, buoyed by a retreat in crude oil and buying into the end of Japan's fiscal year this month. L2N2VR0D6
"It is still a relatively volatile market, (which) suggests that these ripping moves in stocks ought to be treated with caution," said Kyle Rodda, an analyst at IG markets.
European markets are set for a stronger open, as indicated by early futures trading. The pan-region Euro Stoxx 50 futures were up 0.29%, German DAX futures rose 0.25% and FTSE futures were up 0.2%.
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