Notizia

U.S. stocks tumbled on Friday after a stronger than expected jobs report lowered odds the Federal Reserve will ease its rate-hiking spree, while oil prices hit a 5-week high in response to deep supply cuts.

U.N. Secretary-General Antonio Guterres and his team are working to expand and extend for a year a U.N.-brokered deal allowing Ukrainian Black Sea grain exports, which could expire in late November.

LONDON/WASHINGTON (Reuters) -U.S. stocks dropped sharply in early trading Friday after data showed the economy was creating jobs at a strong pace, giving the Federal Reserve cover to continue with hefty interest rate hikes to quell inflation.

Stocks turned lower on Friday after figures showed the U.S. economy was creating jobs at a strong pace and give the Federal Reserve cover to continue with hefty interest rate hikes to quell inflation.

Markets drifted sideways on Friday, with investors waiting for U.S. non-farm payrolls figures before the opening bell on Wall Street, though holding out little hope they will alter the prospect of more hefty interest rate rises to come.

Stocks eased on Friday as Federal Reserve officials talked up the likelihood of more hefty U.S. interest rate hikes, though battered Credit Suisse Group rose after announcing a $3 billion bond buyback to steady investors nerves.

Hong Kong's official foreign currency reserve assets stood at $419.2 billion at end-September, the Hong Kong Monetary Authority said on Friday, down 2.9 percent from $431.8 billion at end-August.

TOKYO (Reuters) -The Tokyo Stock Exchange (TSE) is set to remove almost 500 firms from the Topix index of primary domestic firms in the bourse's latest reform aimed at attracting more foreign investors.

Japan's current account surplus is likely to have deteriorated in August as the weak yen continues to inflate the cost of imports, casting doubt on the country's ability to amass foreign wealth and eroding the currency's prized safe-haven status.