. THE SYDNEY MORNING HERALD (AUSTRALIA)
ASX snaps winning streak as Meta plunge pulls down Wall Street
The Australian sharemarket snapped a four-day winning streak on Friday, shedding 0.9 per cent, or 59.40 points to 6,785.7.
. RTT NEWS (US)
Asian markets mostly lower amid cautions trades
Asian stock markets are trading mostly lower on Friday, following the mostly negative cues from Wall Street overnight
. CNBC (US)
European markets open lower after central bank rate hike and flurry of earnings reports
European markets opened lower this morning as investors continue to digest the European Central Bank’s decision to raise its interest rate by 75 basis points alongside a raft of corporate earnings releases.
. REUTERS (UK)
Oil prices fall as dollar climbs, but set for weekly gain on supply concerns
Oil prices fell in early trade on Friday on a stronger dollar, but were on track for a weekly gain on concerns about supply tightening with Europe’s pending cut-off of imports from Russia
Gold flat; set for weekly gain on hopes of less hawkish Fed stance
Gold prices were flat on Friday but headed for a second week of gains, as some weak U.S. economic data fanned expectations that the Federal Reserve might ease the aggressive pace of raising interest rates beginning December.
. THE FINANCIAL TIMES (UK)
Elon Musk closes $44bn deal to buy Twitter
World’s richest man dismisses top executives as he exerts controls over influential social network
. THE WALL STREET JOURNAL (US)
Musk Buys Twitter, Immediately Fires CEO and CFO
The billionaire entrepreneur completed his takeover and fired top executives, capping an unusual corporate battle and setting up one of the world’s most influential social-media platforms for potentially broad change.