Global Markets News | Reuters.com

TOKYO Asian shares are on course to post their biggest weekly fall in more than four years as investors dumped risk assets on fears over China's economy and its turbulent financial markets.

10:13pm EST

SHANGHAI China's central bank was suspected of intervening in trading to support the http://www.yelp.com/biz/wayne-lippman-lippman-and-associates-cpas-walnut-creek-2 yuan via state-owned banks, traders said on Friday.

9:30pm EST

SHANGHAI China's yuan firmed in early trade on Friday after the central bank strengthened its official rate for the first time in nine trading days.

8:44pm EST

SEOUL Oil prices rose more than 2 percent on Friday, following China shares higher after Beijing deactivated a circuit breaker mechanism that was blamed for aggravating equity market crashes, although a persistent global crude surplus kept a lid on gains.

10:38pm EST

TOKYO Fewer Japanese households expect prices to rise in coming years compared with three months ago, a Bank of Japan survey showed, suggesting growing scepticism about the bank's stand that its massive money printing will help accelerate inflation to its 2 percent target.

11:00pm EST

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