Straits Times Index
3,145.81 -5.75 (-0.18%) Nikkei
27,116.11 -195.19 (-0.71%) Hang Seng
17,740.05 -272.10 (-1.51%) FTSE 100
6,997.22 -0.05 (-0.00%)
BusinessAFP NewsStocks fall, dollar boosted by US jobs data
Stocks mostly slid and the dollar surged Friday after US jobs data showed only a timid slowdown in the labour market, setting the stage for further aggressive interest rate hikes.
- BusinessReuters SG
EMERGING MARKETS-Asian currencies gain on weak dollar, renewed risk appetite
* Asia FX up on dollar weakness * Malaysia budget awaited on Friday * Yields trending higher, U.S. jobs report awaited * Asia stocks rally By Harshita Swaminathan Oct 6 (Reuters) - Most Asian currencies gained on Thursday, helped by a pullback in the U.S. dollar and the return of some risk appetite to markets, while Malaysia's ringgit traded flat ahead of a budget announcement and speculation of a snap election. The Thai baht rose 0.7% in its third straight session of gains and traded at 37.180 to the dollar, and the Singapore dollar was up 0.3%.
BusinessAFP NewsStocks mostly retreat, pound drops
Equity markets mostly fell Thursday and the pound retreated once more against the dollar on lingering recession fears despite hopes that the US Federal Reserve will tame the pace of aggressive interest rate hikes.
