- Lindor powers Mets past Phillies into NL Championship Series
- Wildlife populations plunge 73% since 1970: WWF
- 'Sleeper agent' bots on X fuel US election misinformation, study says
- Death toll rises to 109 after Haiti gang attack, official says
- Tigers beat Guardians and on brink of advancing in MLB playoffs
- Argentina MPs back Milei's veto of university funding
- Man City sink Barca in Women's Champions League as Bayern outgun Arsenal
- Greek international Baldock, 31, found dead in pool: state agency
- Florida seaside haven a ghost town as hurricane nears
- Pharrell Williams to co-chair Met Gala exploring Black dandyism
- Wall Street indices hit fresh records as Chinese shares tumble
- Taiwan's president to deliver key speech for National Day
- Sea row on the menu as ASEAN leaders meet China's Li
- Injured Kane won't start England's Nations League clash with Greece
- Discord seen as online home for renegades
- US forecasts severe solar storm starting Thursday
- Mozambique starts tallying votes in tense election
- Zelensky moves to court European leaders in drive for military aid
- Ratan Tata: Indian mogul who built a global powerhouse
- Rodgers rejects 'false' suggestions of role in Saleh dismissal
- One dead as storm Kirk tears through Spain, Portugal, France
- Indian business titan Ratan Tata dead at 86
- Lebanon facing 'catastrophic' situation as 600,000 displaced: UN
- US warns Israel not to repeat Gaza destruction in Lebanon
- Musk's X returns in Brazil after 40-day showdown with judge
- Call her savvy? Harris unleashes unconventional media blitz
- Lucian Freud 'masterpiece' fetches £13.9 million at London sale
- SoFi Stadium to hold next two CONCACAF Nations League finals
- McIlroy and DeChambeau set for PGA-LIV 'Showdown' in Vegas
- Fed minutes highlight divisions over rate cut decision
- Steve McQueen debuts new WWII film at London festival
- Run blitz edges India and South Africa closer to World Cup semi-finals
- Zelensky to court European leaders in drive for military aid
- Israel captain says 'difficult' to focus on football in time of war
- Macron to host Ukraine's Zelensky after meeting Ukrainian troops
- Root says 'many more to get' after England Test runs landmark
- India pile up World Cup high to rout Sri Lanka
- One year later, Israeli hostage family learns of loss
- Texans receiver Collins, Pats' safety Peppers out for NFL clash
- Biden-Netanyahu talk as Hezbollah, Israeli forces clash
- Musk's X available again in Brazil after 40-day ban
- Reddy stars as India crush Bangladesh to clinch T20 series
- Nobel winners hope protein work will spur 'incredible' breakthroughs
- What are proteins again? Nobel-winning chemistry explained
- Arch rivals Ghana, Nigeria drawn together in CHAN qualifying
- AI steps into science limelight with Nobel wins
- Trump lauds India's Modi as 'total killer'
- Wall Street, Europe rise as Chinese shares tumble
- Hunkering down for Hurricane Milton at Disney -- but first, a few rides
- Reddy, Rinku power India to 221-9 in second Bangladesh T20
Markets track Wall St loss, tech outage hits global computer systems
Equities sank Friday as hopes for US interest rate cuts were offset by uncertainty over the US presidential election and worries about China's economy, while technical disruptions delayed London's open as a widespread outage hit global computer systems.
Investors were already on edge after a report said the White House was considering a crackdown on firms supplying chip technology to Beijing, and following Donald Trump's call for Taiwan to pay Washington for help defending itself against China.
Markets have been enjoying a healthy run-up as Federal Reserve officials have lined up in recent days to suggest they are ready to begin reducing rates.
Data Thursday provided fresh room for the central bank to act, with initial jobless claims rising more than expected last week.
However, the tech sector -- which has led the surge in stocks this year -- has taken a hefty hit after the report of the warning from the White House over supplying China and Trump's remarks about Taiwan, home to some of the world's biggest chip producers.
There is also growing uncertainty over who will run against Trump in November, as calls for President Joe Biden to step aside continue to grow following a series of gaffes and a poor debate that have raised questions about his health.
The New York Times cited several people close to Biden as saying they believe he has begun to accept that he may not be able to win and may have to drop out, with one quoted as saying: "Reality is setting in."
Former president Barack Obama has reportedly told allies Biden should "seriously consider the viability of his candidacy", The Washington Post said.
While a Trump win is seen as positive for equities owing to likely tax cuts and corporate deregulation, there are worries about his plans to impose huge tariffs on Chinese imports -- and those from elsewhere -- which many say could fuel inflation again.
A closely watched meeting of China's leaders in Beijing this week provided nothing concrete by way of supporting the world's number two economy.
The Third Plenum, which meets twice a decade to decide key policies, saw few policy announcements, with state news agency Xinhua saying they had agreed to "prevent and resolve risks in key areas such as real estate, (and) local government debt".
They also vowed to "actively expand domestic demand" days after data this week revealed retail sales -- a gauge of consumption -- rose far less than expected in June.
Economists at HSBC said: "The communique's emphasis on 'opening up as a distinctive feature of China's modernisation' is worth noting. We expect the government to prioritise reforms that will facilitate foreign investment.
They pointed to persistent cross-border outflows, which are weighing on the yuan, and noted that the currency would likely remain under pressure owing to the big difference in US and Chinese interest rates, which makes it harder to attract investors.
"With the (yuan's) yield disadvantage likely to stay wide for longer, China needs more opening-up and market-oriented policies to attract or retain foreign investment.
"This may help reduce imbalance in cross-border flows, and thus alleviate (yuan) depreciation pressure."
Shares in Hong Kong fell owing to a lack of policy detail, though Shanghai eked out a gain. There were also losses in Tokyo, Sydney, Seoul, Singapore, Mumbai, Bangkok, Taipei, Wellington and Jakarta.
Paris and Frankfurt fell while London's FTSE 100 retreated after opening late having been hit by technical issues, with services around the world including airports, rail operators, banks, media and shops also affected.
The disruption caused major US airlines to ground all flights over "communication issue", the Federal Aviation Authority said.
Tech titan Microsoft said it was taking "mitigation actions" in response to service issues.
It was not clear if those were linked to the global outages.
The announcement came as Australia reported a large-scale outage of IT systems, with the country's national broadcaster, its largest international airport and a major telecommunications company reporting issues.
- Key figures around 0810 GMT -
Tokyo - Nikkei 225: DOWN 0.2 percent at 40,063.79 (close)
Hong Kong - Hang Seng Index: DOWN 2.0 percent at 17,417.68 (close)
Shanghai - Composite: UP 0.2 percent at 2,982.31 (close)
London - FTSE 100: DOWN 0.7 percent at 8,149.92
Euro/dollar: DOWN at $1.0889 from $1.0900 on Thursday
Pound/dollar: DOWN at $1.2929 from $1.2946
Dollar/yen: DOWN at 157.30 yen from 157.36 yen
Euro/pound: UP at 84.21 pence at 84.17 pence
West Texas Intermediate: DOWN 0.9 percent at $82.12 per barrel
Brent North Sea Crude: DOWN 0.7 percent at $84.52 per barrel
New York - Dow: DOWN 1.3 percent at 40,665.02 (close)
M.Thompson--AMWN