Confidence was shaken further after a van mowed through crowds of tourists in Barcelona on Thursday, killing at least 13 people and injuring more than 100 in an attack authorities were treating as Islamic terrorism.
US President Donald Trump on Thursday issued fresh warning to North Korea and said his early warnings of "fire and fury" were not enough. Here is how escalating tensions between US and North Korea has affected the global market on Friday.
Market analysts expect that the pullback in stocks due to the increasingly aggressive tone in exchanges between Washington and Pyongyang will continue, although investors hope that the selling will not escalate to a correction - a decline of 10 percent or more.
Asian stocks paused near decade-highs on Wednesday as investors waited to see if strong earnings results from Apple would ripple out to component makers in the region. Shares in the world's most valuable company surged 6 percent after hours to a record of more than $159.
The benchmark KSE-100 index had plunged over 1,300 points, going from 46,273 at 9:30am to 44,969 by 9:35am ─ a drop of nearly 2.83 per cent, soon after the trading day started, according to a DAWN report.
Dollar gained around 0.2 per cent against the euro in early trade in Europe, but was still down almost 9 percent on the quarter and 2 per cent this week alone. Compared with Thursday's US close against the basket of currencies that measures its broader strength it was steady. But it fell 0.2 per cent against the yen.
The Nikkei dropped 1.2 percent to 19,978.73 in midmorning trade after falling to as low as 19,946.51, the lowest level since June 16. For the week, the benchmark index is on track to fall 0.7 percent, but it is poised to rise 1.8 percent on the month.
It added that the shipments of these items to Maldives will be exempted from any existing or future restrictions or prohibition on exports. To increase domestic availability of potato and onion, India sometimes imposes minimum export price on these agri commodities.
A day after South Australia state infuriated the banking sector by announcing a A$370 million tax on five big lenders, Western Australia said the option was "attractive" and analysts warned investors to brace for more tax hikes
Zhou Xiaochuan said some people keen to limit foreign participation in the financial sector were "focused on their own interests" and not doing Chinese financial institutions any favours
Rules were also eased for foreign companies manufacturing electric vehicles and related products
Bank Indonesia Governor Agus Martowardojo said PIHPS data will be used for BI policymaking to "increase our accuracy in inflation expectations in the future".
Post the isolation of Qatar, dozens of daily flights by Qatar Airways and carriers from those countries which banned Qatar have been canceled. Qatari aircraft are now forced to make long diversions, mainly around Bahrain and the vast airspace of Saudi Arabia.
The rot started when an exit poll showed PM Theresa May's Conservative Party could fail to win a clear majority, a shock result that would plunge domestic politics into turmoil and delay Brexit talks.
Australia hasn't seen a recession since 1991 and its run of growth had been the envy of other rich nations although it is dropping off the pack now with both the Britain and the United States clocking 2 per cent annual growth in the first quarter.
Adani, which has still to line up funding, plans to build what would be Australia's biggest coal mine, but has faced opposition from environment groups who argue it will contribute to global warming and damage the Great Barrier Reef.
Qatar is the biggest supplier of liquefied natural gas (LNG) and a major seller of condensate - a low-density liquid fuel and refining product derived from natural gas.
Traders added that when there is a recovery seen in the global environment, there is a greater focus on Japan Inc. earnings which saw profit growth of 16 percent in the fiscal year through March
The dollar fell to two-week lows against the safe-haven yen as investors turned cautious amid political worries in Europe as well as weaker stock and commodity markets after a long US holiday weekend.
According to the latest lobbying disclosure reports filed with the US Senate, Nasscom paid a total amount of USD 1,50,000 to its two registered lobbyists in the first quarter of 2017
At one of the world's largest oil storage facilities millions of barrels were sold in recent months.
A strong Japanese gross domestic product data released in the early morning was offset by the White House turmoil, which dragged down Wall Street sharply overnight
The global "ransomware" cyber attack disrupted factories, hospitals, shops and schools, and spurred investors on Monday to buy stocks set to benefit from higher cyber security spending by firms and government agencies.
The S&P 500 and the Nasdaq reached record closing highs on Monday, powered by demand for technology stocks after the weekend's massive "ransomware" cyber attack and as rising oil prices lifted commodity-linked shares.
Yet another missile launch by North Korea also appeared to have little impact, while upbeat talk on trade and infrastructure investment at a top-level conference in China brightened sentiment.
Greece looks set to clinch vital bailout loans from its international lenders as it seeks an end to a near three-year exile from bond markets
The Nikkei 225 added 263.31 points to sit at 19,709.01, while the broader Topix index of all first-section shares climbed 1.22 per cent, or 18.85 points, to 1,569.15.
Moves to control capital outflows and concerns over a potential further depreciation of the yuan were likely to impede the internationalisation of the yuan, Fitch credit rating agency said.
The combined cash holdings of all the three tech giants would fall well short of Apple's treasure chest.
"Policies to contain capital outflows and ongoing concerns over currency depreciation are likely to hold back internationalisation in the short-term," Fitch Ratings
Mexico is the top foreign supplier of sugar to the United States, a coveted 12-million-ton market
The S&P 500 technology index, the best performing major group this year, gained 0.9 percent, with big tech names including Microsoft, Alphabet and Facebook hitting records.
The Nikkei rose 0.6 percent to 19,310.52 points, marking its highest close since March 21 while the broader Topix gained 0.5 percent to 1,539.77
The dollar index against a basket of major currencies was little changed at 98.931 after rising to 99.332 overnight.
New Silk Road summit is widely seen as the biggest diplomatic event of the year for China as it pushes its initiative to invest billions of dollars in infrastructure projects from railways and ports to power grids.
The yield gap between French and German short-term government bonds, a closely watched measure of political risk in the euro zone, tightened further after hitting a three-month low on Monday.