Australian shares closed lower on Friday as sentiment turned sour due to worries around the U.S. Federal Reserve's rate-hike stance, although the benchmark index recorded its fourth straight weekly gain helped by its 0.24% rise for the week.
European shares eked out gains on Friday at the open after Sanofi and GSK led a rebound in healthcare stocks, with the main STOXX 600 index set for weekly gains.
At least five people were killed and 100 injured in Somalia's breakaway Somaliland region when security forces clashed with protesters demanding presidential elections be held in November, a regional leader said late on Thursday.
French cartoonist Jean-Jacques Sempe, who won international acclaim with a series of more than 100 drawings for the covers of The New Yorker magazine, has died at age 89, news agency AFP reported, quoting his biographer.
Switzerland-based Glencore Plc and other major traders have stopped supplying Chinese metals merchant Huludao Ruisheng over a brewing scandal about missing copper inventories in the port of Qinhuangdao, the Financial Times reported on Friday.
What happened
Shares of Lemonade (NYSE: LMND) soared as much as 33.2% this week, according to data from S&P Global Market Intelligence. The insurance start-up posted better-than-expected revenue and earnings for the second quarter. As of this writing, after the close on Thurs
What happened
Shares of Jumia Technologies (NYSE: JMIA) jumped as much as 33.6% this week, according to data from S&P Global Market Intelligence. The African e-commerce company reported better-than-expected earnings, driving investors to bid up the stock. As of this writing, shar
Japanese Prime Minister Fumio Kishida said on Friday he will instruct his government to come up with additional measures to cushion the economic blow from rising energy and food prices.
Japan's benchmark stock index jumped to a seven-month high on Friday, with SoftBank Group and other tech heavyweights leading the charge, as signs of cooling U.S. inflation raised hopes for smaller Federal Reserve rate hikes and boosted risk appetite.
Malaysia's central bank on Friday said the nation's payment systems remain secure despite a potential data breach announced by payment gateway service provider iPay88 (M) Sdn. Bhd.
Mexican army divers were blocked by debris in their first attempt to descend deep into a flooded coal mine in northern Mexico where 10 miners have been trapped for a week, the country's defense minister said on Thursday.
Polish world number one Iga Swiatek was stunned by Brazil's Beatriz Haddad Maia 6-4 3-6 7-5 at the Canadian Open on Thursday, while Jessica Pegula beat holder Camila Giorgi to join Coco Gauff and Simona Halep in the quarter-finals.
The Indian rupee is expected to open little changed to the U.S. currency on Friday amid a recovery in the dollar and expectations that the Reserve Bank of India will step in to support the local unit.
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