Asia shares are mixed following a mild retreat on Wall Street, while the price of oil fell more than $1 after reaching the highest level since the summer of 2024. U.S. futures edged higher and the dollar rose against the Japanese yen. South Korea's Kospi slipped 1% following a roller coaster week. On Thursday, major U.S.
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She says she's thriving'Christ is king' becomes a loaded phrase in US political debates, especially on the rightA currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, March 6, 2026. Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index , top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, March 6, 2026. Currency traders work near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, March 6, 2026. Screens display financial news on the floor at the New York Stock Exchange in New York, Thursday, March 5, 2026. Ryan Falvey works on the floor at the New York Stock Exchange in New York, Thursday, March 5, 2026. A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, March 6, 2026. A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, March 6, 2026. Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index , top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, March 6, 2026. Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index , top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, March 6, 2026. Currency traders work near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, March 6, 2026. Currency traders work near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, March 6, 2026. Screens display financial news on the floor at the New York Stock Exchange in New York, Thursday, March 5, 2026. Screens display financial news on the floor at the New York Stock Exchange in New York, Thursday, March 5, 2026. Ryan Falvey works on the floor at the New York Stock Exchange in New York, Thursday, March 5, 2026. Ryan Falvey works on the floor at the New York Stock Exchange in New York, Thursday, March 5, 2026. HONG KONG — Asia shares were mixed Friday following a mild retreat on Wall Street, while the price of oil fell more than $1 after reaching the highest level since the summer of 2024.its seventh day, with Israeli airstrikes pounding the capitals of Iran and Lebanon. The future for the S&P 500 gained 0.2% while that for the Dow Jones Industrial Average was up 0.3%. In Asian trading, South Korea’s Kospi slipped 0.8% to 5,536.40, after a roller coaster week with a 12% loss on Wednesday followed by a nearly 10% rebound on Thursday. The index had shot above 6,000 in recent weeks before the war began to rattle financial markets.Hong Kong’s Hang Seng jumped 1.6% to 25,713.49, while the Shanghai Composite index edged 0.1% higher, to 4,113.70.as production and supply worries over the war with Iran intensified. Benchmark U.S. crude lost 1.2% early Friday to $80.07 per barrel, after hitting $81.01 a barrel on Thursday. Brent crude, the international standard, lost 1% to $84.59 per barrel, after reaching $85.41 a day earlier. If oil prices spike further, like to $100 per barrel, and stay there, some analysts and investors say it could be too much for the global economy to withstand. Uncertainty about what will happen has causedFriday’s easing of crude prices followed a 30-day temporary waiver from the U.S. for Indian refiners to buy Russian oil, analysts at ING Warren Patterson and Ewa Manthey said in a note. It’s not a “game-changer,” they said, but reflects U.S efforts to cap oil prices.following disruptions of tanker activities there, ING analysts wrote. Roughly one fifth of the world’s seaborne oil is estimated to flow through the waterway located between Iran and Oman. On Thursday, the S&P 500 fell 0.6% to 6,830.71. The Dow industrials lost 1.6% to 47,954.74, and the Nasdaq composite dropped 0.3% to 22,748.99. Computer chip company Broadcom’s shares jumped 4.8% on stronger-than-expected quarterly profit and revenue, which helped contain the overall losses on Wall Street. Airline stocks were among the U.S. market’s biggest losers, as higher oil prices pushed up fuel costs while hundreds of thousands ofIn other dealings early Friday, the U.S. dollar rose to 157.80 Japanese yen from 157.56 yen. The euro was unchanged at $1.1611.Chan covers China business, economy and finance for The Associated Press, reporting on key sectors from technology to trade. He is based in Hong Kong.
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