Stocks stumbled, global bond yields fell and the dollar hit a nine-month peak on Thursday as a double-whammy of Fed taper fears and COVID worries haunted equity markets and spurred a new rush into safe haven assets.
Shares in Morrisons jumped above the level of an agreed takeover offer from U.S. private equity group Clayton, Dubilier & Rice (CD&R) on Friday, indicating a protracted bid battle for the British supermarket group may yet have further to run.
Vice President Kamala Harris, in a visit to Singapore and Vietnam next week that aims to counter China's growing influence, will have to contend with a new problem: the collapse of Afghanistan, which has left allies questioning the credibility of U.S. foreign policy promises.
Japan's exports marked a fifth straight month of double-digit growth in July, driven by U.S.-bound shipments of automobiles in a positive sign for a trade-led economy, although a key gauge of capital spending fell for the first time in four months.
The air force of Indonesia has evacuated 26 of its citizens from Afghanistan, its foreign minister said on Friday, amid chaos and uncertainty in the country after the hardline Islamist Taliban seized power.