- Five of the best: Pakistan-England Test thrillers
- Man sets arm on fire as marches across US mark Gaza war anniversary
- Vietnam's young coffee entrepreneurs brew up a revolution
- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says Israeli strikes hit south Beirut
- Miami on track for MLS record points after win in Toronto
- Monaco take top spot in Ligue 1 with win at Rennes
- Madrid beat Villarreal to level Liga leaders Barca
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
- Mexico City's new mayor sworn in with pledges on water, housing
- Israel on alert ahead of Hamas attack anniversary
- Guardians maul Tigers in MLB playoff series opener
- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
- Hezbollah heir apparent Safieddine out of contact after strikes
- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
- DR Congo launches mpox vaccination drive, hoping to curb outbreak
- Trump returns to site of failed assassination
- Careless Leverkusen held to Bundesliga draw
- O'Brien's 'superstar' Kyprios posts landmark win on Arc weekend
- Liverpool suffer Alisson injury blow
- Habosi helps Racing beat Vannes before Auradou's playing return
- Thousands march in London in support of Palestinians, 1 year after Oct 7
- Israel readying response to Iran missile attack
- Schutt, Mooney help Australia beat Sri Lanka in Women's T20 World Cup
- Liverpool extend Premier League lead with win at Palace
- Djokovic 'shakes rust off' to make third round of Shanghai Masters
- 'Imperfect' PSG fighting on all fronts - Luis Enrique
- Struggling Pakistan look to thwart adaptable England
- Child 'trampled to death' in asylum seekers' Channel crossing: minister
- Gauff fights back to set up Beijing final against Muchova
- Guardiola claims Premier League won't delay season for Man City
- Israel to mark October 7 attack as Gaza war spreads
- Gauff fights back to reach China Open final
- Recovering Stokes ruled out of first Pakistan Test
- Hezbollah battles troops on border as Israel pounds Lebanon
Markets rebound after Fed boss calms nerves over rates
Global stock markets rebounded Friday on easing fears about the pace of interest rate rises in the United States that are aimed at bringing down the country's highest inflation in decades.
European equities were up around 1.5 percent nearing the half-way stage following solid gains in Asia.
Stocks have suffered sharp losses this week, particularly on Wall Street, as investors seek safety also amid the Ukraine war and Chinese lockdowns.
"Investors are continuing to wrestle with worries over inflation as the oil price climbs back up again and supply concerns resurface amid ongoing geo-political tensions," noted Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown.
Stocks have tumbled for much of this week on fears the Federal Reserve was planning to lift US interest rates by 75 basis points at a single meeting.
However equities on Friday staged "a relief rally" after Fed boss Jerome Powell calmed nerves over the potential hefty increase, said Jeffrey Halley, analyst at OANDA trading group.
"The rally today looks more like a technical rebound after a torrid week than a structural turn in sentiment," he added.
Oil prices climbed Friday after much volatility, while the euro recovered from five-year lows against the dollar.
Bitcoin held above $30,000, a day after the cryptocurrency slumped under $27,000, or lowest level since late 2020.
Its crash this week was fuelled by the collapse of two so-called "stablecoin" cryptocurrencies -- TerraUSD and Tether -- which proved to be anything but stable, leaving investors panicked.
On the corporate front Friday, Twitter's share price plunged after Elon Musk said he was putting a temporary halt on his much-anticipated deal to buy the social media giant.
"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," he wrote on the platform.
Musk, the world's richest man and founder of automaker Tesla, had made the eradication of spam accounts and bots one of the centrepieces of his proposed $44 billion takeover of Twitter.
Friday's announcement saw shares drop by 20 percent in early electronic trading before Wall Street opened.
- Key figures at around 1100 GMT -
London - FTSE 100: UP 1.7 percent at 7,352.49 points
Frankfurt - DAX: UP 1.4 percent at 13,931.74
Paris - CAC 40: UP 1.7 percent at 6,312.64
EURO STOXX 50: UP 1.6 percent at 3,670.69
Hong Kong - Hang Seng Index: UP 2.7 percent at 19,898.77 (close)
Shanghai - Composite: UP 0.9 percent at 3,084.28 (close)
New York - Dow: DOWN 0.3 percent at 31,730.30 (close)
Tokyo - Nikkei 225: UP 2.6 percent at 26,427.65 (close)
Brent North Sea crude: UP 1.9 percent at $109.44 per barrel
West Texas Intermediate: UP 2.0 percent at $108.21 per barrel
Euro/dollar: UP at $1.0386 from $1.0382 at 2100 GMT Thursday
Pound/dollar: DOWN at $1.2191 from $1.2199
Euro/pound: UP at 85.18 pence from 85.08 pence
Dollar/yen: DOWN at 128.90 yen from 129.97 yen
P.Mira--PC