Hong Kong, Oct 2, 2026 (AFP) - Asian stocks drop as oil spike fans rate hike bets, eyes on US jobs

NAMPA / AFP
2026-10-02
Asian stocks dropped Friday as investors grow increasingly concerned about surging oil prices and bond yields, while key jobs data later in the day will be pored over for an idea about the Federal Reserve's next interest rate move. Yields on US Treasuries and government debt in many other major economies spiked Thursday amid fears that the surging cost of energy caused by the Middle East crisis will force central banks to ramp up borrowing costs......
Restricted content

Latest NAMPA photos

WINDHOEK, 02 October 2026 - Executive Chairperson of the One Economy Foundation, Monica Geingos at the Foundation’s 11th Annual Fundraising Soiree. (Photo: Molly Weyulu) NAMPA

WINDHOEK, 02 October 2026 - Executive Chairperson of the One Economy Foundation, Monica Geingos at the Foundation’s 11th Annual Fundraising Soiree. (Photo: Molly Weyulu) NAMPA

NAMPA
WINDHOEK, 01 October 2026 - President Netumbo Nandi-Ndaitwah delivering a keynote address at the One Economy Foundation’s 11th Annual Fundraising Soiree. (Photo: Molly Weyulu) NAMPA

WINDHOEK, 01 October 2026 - President Netumbo Nandi-Ndaitwah delivering a keynote address at the One Economy Foundation’s 11th Annual Fundraising Soiree. (Photo: Molly Weyulu) NAMPA

NAMPA
WINDHOEK, 01 OCt 2026 - The newly opened MTC Mobile Home in Kuisebmond, Walvis Bay. (Photo: Contributed)

WINDHOEK, 01 OCt 2026 - The newly opened MTC Mobile Home in Kuisebmond, Walvis Bay. (Photo: Contributed)

NAMPA
WINDHOEK, 30 September 2026 - A close up photo of the 176.29-carat natural diamond unveiled at Namdeb in Windhoek on Wednesday. (Photo: Contributed)

WINDHOEK, 30 September 2026 - A close up photo of the 176.29-carat natural diamond unveiled at Namdeb in Windhoek on Wednesday. (Photo: Contributed)

NAMPA
WINDHOEK, 30 September 2026 - President Netumbo Nandi-Ndaitwah views the 176.29-carat natural diamond unveiled by Namdeb on Wednesday. (Photo: Contributed)

WINDHOEK, 30 September 2026 - President Netumbo Nandi-Ndaitwah views the 176.29-carat natural diamond unveiled by Namdeb on Wednesday. (Photo: Contributed)

NAMPA
WINDHOEK, 30 September 2026 - The Windhoek Show started on Tuesday and ends Saturday. (Photo by: Justina Shuumbwa) NAMPA

WINDHOEK, 30 September 2026 - The Windhoek Show started on Tuesday and ends Saturday. (Photo by: Justina Shuumbwa) NAMPA

NAMPA
WINDHOEK, 30 September 2026 - FirstRand's newly appointed Chief People Officer, Moses Shitaleni. (Photo: Contributed)

WINDHOEK, 30 September 2026 - FirstRand's newly appointed Chief People Officer, Moses Shitaleni. (Photo: Contributed)

NAMPA
WINDHOEK, 30 September 2026 - Legal professionals paying tribute to former Chief Justice Johan Strydom at the Supreme Court. (Photo: Contributed)

WINDHOEK, 30 September 2026 - Legal professionals paying tribute to former Chief Justice Johan Strydom at the Supreme Court. (Photo: Contributed)

NAMPA