- PSG held by Nice to leave Monaco clear at top of Ligue 1
- Lewandowski treble for leaders Barca as Atletico held
- Fresh Israeli strikes hit south Beirut
- Sucic stunner earns Real Sociedad draw against Atletico
- PSG draw with Nice, fail to reclaim top spot in Ligue 1
- Gudmundsson downs AC Milan after De Gea's penalty heroics for Fiorentina
- 'Yes' vote prevails in Kazakhstan nuclear plant vote: TV
- 'Difficult day': Oct 7 commemorations begin with festival memorial
- Commemorations begin for anniversary of attack on Israel
- 'Nothing gets in way of team,' says Celtics' MVP hopeful Tatum
- 'We will win!': Mozambique's ruling party confident at final vote rally
- Tunisia voting ends as Saied eyes re-election with critics behind bars
- Florida braces for Milton, FEMA head slams 'dangerous' Helene misinformation
- Postecoglou slams 'unacceptable' Spurs after 'terrible' loss at Brighton
- Marmoush double denies Bayern outright Bundesliga top spot
- Rallies worldwide call for Gaza, Lebanon ceasefire
- New 'Joker' film, a dark musical, tops N.America box office
- Man Utd stalemate keeps Ten Hag in danger, Spurs rocked by Brighton
- Drowned by hurricane, remote N.Carolina towns now struggle for water
- Vikings hold off Jets in London to stay unbeaten
- Ahead of attack anniversary, Netanyahu says: 'We will win'
- West Indies cruise to T20 World Cup win over Scotland
- Man Utd fire another blank in Aston Villa stalemate
- Lewandowski treble powers Liga leaders Barca to Alaves victory
- Russian activist killed on front line in Ukraine
- Openda strike briefly sends Leipzig top of Bundesliga
- Goal-shy Man Utd have to 'step up', says Ten Hag
- India bowl out Bangladesh for 127 in T20 opener
- Madueke rescues Chelsea in draw with 10-man Forest
- Beckett's belief rewarded as Bluestocking storms to Arc glory
- Trump on the stump, Harris hits airwaves in razor-edge US election
- Flash flooding kills three in northern Thailand
- Kaur leads India to victory over Pakistan in Women's T20 World Cup
- Juventus held by Cagliari after late penalty drama
- In France's Marseille, teen 'stabbed 50 times' then burned alive
- Ruthless Gauff beats Muchova in straight sets to win China Open
- India restrict Pakistan to 105-8 in Women's T20 World Cup
- England target repeat of Pakistan Test whitewash
- Penrith Panthers win fourth straight NRL title after downing Storm
- Weary Sinner happy for day off after battling into Shanghai last 16
- Pakistan's Masood warns England still a force without Stokes
- Madrid's Carvajal to miss several months after serious knee injury
- Two elephants die in flash flooding in northern Thailand
- Sabalenka targets world number one and Wuhan hat-trick
- Tunisia votes with Saied set for re-election
- Bagnaia sets 'example' with Japan MotoGP win to cut gap on Martin
- Intense Israeli bombing rocks Beirut ahead of war anniversary
- Mozambique vote: no suspense but some disillusion
- Austrian rapper channels anti-racist rage in Romani hip-hop songs
- Ohtani magic powers Dodgers over Padres in MLB playoff thriller
Markets mixed as US jobs data give Fed room to hike rates
Equity markets were mixed Monday following losses on Wall Street as a forecast-topping US jobs report gave the Federal Reserve room to continue hiking interest rates, while there was some cheer in China as leaders eased Covid curbs.
US traders took flight after the closely watched non-farm payroll figures Friday, which showed a slowdown in hiring but still with more new posts created than expected.
That came as more officials suggested the Federal Reserve could continue lifting borrowing costs sharply as they try to rein in inflation.
However, with prices being driven higher by factors ranging from the Ukraine war to China's lockdown-induced slowdown, there are fears the bank's measures could deal a blow to the world's biggest economy.
The jump in inflation has forced finance chiefs around the world to tighten monetary policy, with the European Central Bank indicating it will raise rates in July for the first time in more than a decade.
"The critical issue for markets is whether inflation can be brought under control by central banks without generating a recession," Shane Oliver, head of investment strategy and chief economist at AMP Capital, said in a note.
"Shares are likely to see continued short-term volatility as central banks continue to tighten to combat high inflation, the war in Ukraine continues and fears of recession remain."
All three main indexes on Wall Street ended deep in the red, with tech firms taking most of the pain, though Asia fared a little better Monday.
Hong Kong, Tokyo, Shanghai and Taipei all rose, but there were losses in Sydney, Mumbai, Singapore, Manila, Bangkok and Jakarta.
London, Paris and Frankfurt rose at the open.
Diana Mousina, of AMP Capital, said: "Positive news around Chinese economic activity and cheaper equity valuations could offer value from a long-term investment perspective, but volatility will remain high in the short-term."
Traders took some heart from a wind down of Covid containment measures that have crippled the world's number two economy for months.
With infections trending down in major cities including Shanghai and Beijing, authorities have allowed some sense of normality to return, raising hopes for a pick-up in consumer activity.
"The expectations for economic recovery is rising as Beijing and Shanghai try best to resume work and production," Meng Shen, of investment bank Chanson & Co, said.
Adding to the upbeat mood were comments from US commerce chief Gina Raimondo that she was considering lifting tariffs on some goods from China to help in the battle against inflation.
Oil prices -- a key driver of inflation -- continued to rise, as a pledge by OPEC and other major producers to boost output fell short of what markets had hoped for.
The increase came as Saudi Arabia also said it had hiked the official selling price for customers in Asia, while demand expectations rose on the back of the easing of some Covid lockdown measures in China and the start of the US summer driving season.
- Key figures at around 0720 GMT -
Tokyo - Nikkei 225: UP 0.6 percent at 27,915.89 (close)
Hong Kong - Hang Seng Index: UP 1.5 percent at 21,405.99
Shanghai - Composite: UP 1.3 percent at 3,236.37 (close)
London - FTSE 100: UP 0.9 percent at 7,600.01
Brent North Sea crude: UP 0.7 percent at $120.57 per barrel
West Texas Intermediate: UP 0.7 percent at $119.66 per barrel
Euro/dollar: UP at $1.0723 from $1.0719 on Thursday
Pound/dollar: UP at $1.2527 from $1.2488
Euro/pound: DOWN at 85.60 pence from 85.81 pence
Dollar/yen: DOWN at 130.51 yen from 130.81 yen
New York - Dow: DOWN 1.0 percent to 32,899.7 (close)
-- Bloomberg News contributed to this story --
Nogueira--PC