News Snapshot:
Asian markets posted gains in early trade Friday, shrugging off Wall Street losses ahead of key US jobs data. Analysts say signs of a robust American economy, such as strong labour market data this week, are bad news for equities as it gives the Federal Reserve more reason to keep monetary policy tight through to the end of the year and beyond. US Treasury yields hit their highest levels since 2007 this week as investors fear that high borrowing costs for businesses and consumers will eventually drag on the economy. All eyes are on Friday’s monthly US employment data, which...
