. SMH (AUSTRALIA)
Energy and mining boost not enough to lift ASX, embattled Star flags board revamp
The ASX 200 closed lower for a second day, down 0.1% to 7493.8 with rising energy and mining stocks offset by falls from the tech, telco and consumer discretionary sectors.
. CNBC (USA)
Chinese tech stocks drop in mixed Asia session
Shares in Asia-Pacific fell in Friday trade following overnight losses on Wall Street as a private survey showed Chinese manufacturing activity shrank in March.
. RTT NEWS (USA)
European Shares May Struggle For Direction Ahead Of US Jobs Data
European stocks may open flat to slightly lower on Friday as investors look forward to the March U.S. jobs report, due out later in the day.
. REUTERS (CANADA)
Oil seesaws ahead of consumer nations’ meeting on stocks release
Oil prices seesawed on Friday ahead of a meeting of consuming nations to discuss a new release of emergency oil reserves alongside a huge planned release by the United States.
Gold eases ahead of U.S. jobs data as dollar ticks higher
Gold prices eased on Friday, widening their weekly losses as a stronger dollar outweighed safe-haven demand fueled by a lack of progress in Russia-Ukraine peace talks, while investors awaited March U.S. jobs data for policy tightening clues.
. FT (UK)
Global dealmaking falls to lowest level since start of pandemic
Deals worth $1tn were struck in first quarter of 2022, 23 per cent lower than the same period last year
. WSJ (USA)
Stocks Slip, Bond Yields Rise
U.S. stocks slipped and bond yields rose to start the second quarter as investors parsed employment data to gauge the health of the labor market.
. NIKKEI ASIA (JAPAN)
Weak yen loses its magic for Japan’s manufacturers
Confidence among Japan’s largest manufacturers is declining as the weak yen that long helped the nation’s exports compete abroad increasingly turns into a setback amid a global surge in commodity prices.
. THE RIO TIMES (BRAZIL)
Brazil’s listed companies earned a staggering 235% more in 2021
After a 35% drop in 2020 due to the impact of the pandemic, the profits of companies listed on the B3 more than tripled in 2021.
. FIN 24 (S.AFRICA)
Coal mining land is delivering better wheat than virgin soil
A pilot study to explore the viability of growing wheat on old coal mining land in Mpumalanga has shown surprising results, with crops using remediated land mine-affected water offering higher yields than those planted on virgin soil.
