- Dubois destroys Joshua to retain IBF world heavyweight crown
- Guardiola says critics want Man City wiped 'from face of the Earth'
- Biden says 'Quad' is 'here to stay' despite challenges
- Dubois knocks out Joshua to retain IBF world heavyweight crown
- Vinicius helps 'faster' Madrid overturn stubborn Espanyol
- Zelensky to press US on long-range missile strikes inside Russia
- PSG drop first points in draw at Reims
- Vinicius, Mbappe on target as Madrid crush plucky Espanyol
- Jeeno leads Ko by two at LPGA Queen City Championship
- Bottega Veneta goes for 'E.T.' chic as Madonna pops into D&G
- Messi, Miami frustrated by New York late leveler
- Musk's X platform takes first step toward lifting Brazil ban
- 'Business as usual' for Australia match-winner Carey amid boos
- Israeli jets pound Lebanon after deadly Beirut strike
- Ten Hag bemoans Man Utd's lack of killer instinct in Palace stalemate
- France's Macron appoints new government in shift to right
- Cheika proud of Leicester grit after winning start as boss
- Profligate Man Utd pay price in 0-0 draw at Palace
- Kane, Olise run riot as Bayern thump Bremen
- Diaz fires Liverpool top of Premier League, Man Utd held at Palace
- LIV champion Rahm out of LIV Team semis with severe flu
- Slot surprised by tearful Nunez's moment of magic
- Title rivals Norris, Verstappen on 'cool' front row for Singapore GP
- Biden talks China with 'Quad' leaders in hometown summit
- Juve and Napoli play out goalless draw in early Serie A title tussle
- Alcaraz fears tennis tour grind will 'kill us'
- Carey sparks recovery as Australia thrash England in 2nd ODI
- Leclerc, Sainz lament 'disappointing' Saturday in Singapore
- Bottega Veneta holds investors' aces as Madonna pops into D&G
- Beirut digs for victims at building flattened in Israeli strike
- Verstappen stages protest over 'ridiculous' swearing punishment
- Bayern boss Kompany lauds 'special talent' Olise
- Diaz fires Liverpool top of Premier League, Spurs bounce back
- Heavy fire over Israel-Lebanon border after deadly Beirut strike
- Ramos guides unbeaten Toulouse to Montpellier win despite Hogg scuffle
- Myanmar flood death toll jumps to 384
- Chelsea owners 'happy' with win at West Ham amid rift report
- Kane and Olise run riot as Bayern thump Bremen
- Ramos guides unbeaten Toulouse to Montpellier win
- Norris pips Verstappen to dramatic Singapore pole after Sainz crash
- Carey takes Australia to 270 in 2nd ODI against England after collapse
- Two Hezbollah leaders killed in Israel's Beirut strike
- Hungary Danube waters reach decade high after Storm Boris
- Bagnaia cuts Martin's MotoGP lead with Emilia-Romagna sprint win
- Jackson double fires Chelsea to victory at woeful West Ham
- Fiji beat Japan to lift Pacific Nations Cup
- Kasatkina to face Haddad Maia in Korea Open final
- S.Africa snowfall closes roads, strands motorists overnight
- Lawyers of women alleging Al-Fayed sex abuse receive over 150 new enquiries
- President Museveni's son backs Ugandan strongman for 7th term
Asian markets drop after Wall Street retreat
Asian markets dipped in early trade Friday after a negative lead from Wall Street, with investors around the world worried about surging inflation.
Central banks in several major economies including the United States, Canada and Britain have already started raising interest rates to contain prices, but the European Central Bank on Thursday kept its stimulus plans and rates unchanged.
That sent the euro plunging to a near two-year low, but eurozone stocks were boosted, but Wall Street retreated ahead of the Easter holidays.
The mood was subdued in Asia too, where only a handful of markets were open on Good Friday.
The Nikkei 225 slid 0.7 percent with Wall Street's woes depressing sentiment.
The Tokyo market is likely to be "dominated by sell orders as investors are disheartened by falls in US shares," Mizuho Securities said in a note.
Shanghai dropped 0.2 percent.
Russia's invasion of Ukraine has added to the uncertainty about the global economic recovery from the Covid-19 pandemic.
This was reflected in statements from major banking executives in the United States, who described the American economy as solid but warned about the impact of the Ukraine conflict and the measures central banks such as the US Federal Reserve will take to control inflation.
"We don't think there's going to be a recession," Julian Emanuel, chief equity strategist at Evercore ISI, told Bloomberg television.
"We don't think the Fed is going to break the glass. But the problem is investors aren't in that mindset quite yet."
- Energy, food shocks -
Russia is a major global oil and gas supplier, and -- along with Ukraine -- is also a key player in the grain sector.
The conflict has shaken markets for these commodities, and the impact has been felt from the Middle East to South America.
In Yemen, there are fears of food shortages with the war-ravaged nation already on the edge of famine.
In Argentina, a strike by grain transporters has paralysed farming exports -- haulers are unhappy with the rates they are paid, pointing to the spike in fuel prices because of the Ukraine crisis.
The war has sent oil prices soaring, with reports swirling about further energy sanctions on Russia.
Both main contracts sat above the $100 per barrel mark.
"There are no surprises here as oil continues to march higher, with global supply shortage outweighing concerns about slower demand in China," Stephen Innes of SPI Asset Management said in a note.
- Key figures around 0320 GMT -
Tokyo - Nikkei 225: DOWN 0.7 percent at 26,995.86
Shanghai - Composite: DOWN 0.6 percent at 3,204.96
Hong Kong - Hang Seng Index: Closed for a holiday
Euro/dollar: DOWN at $1.0801 from $1.0832 at 2100 GMT
Pound/dollar: DOWN at $1.3063 from $1.3076
Euro/pound: DOWN at 82.67 from 82.77 pence
Dollar/yen: UP at 126.39 from 125.87 at 2100 GMT
Brent North Sea crude: UP 2.7 percent at $111.70 per barrel
West Texas Intermediate: UP 2.6 percent at $106.95 per barrel
New York - Dow: DOWN 0.3 percent at 34,451.23 (close)
London - FTSE 100: UP 0.5 percent at 7,616.38 (close)
-- Bloomberg News contributed to this story --
H.Seidel--BTB