The CSI 300 closed slightly higher on Friday after an earlier drop as trading in funds linked to state buyers surged, prompting speculation that authorities moved to stabilize the market.

The cabinet of Prime Minister Sanae Takaichi cleared a bill to cut the tax on food and drink from 8 percent to 1 percent for two years and to add an income-linked cash benefit.

Delta lowered its 2026 adjusted earnings outlook to $5.10 to $5.60 a share from $6.50 to $7.50, and said fuel costs are expected to add $6 billion this year.

The cabinet approved legislation to cut the consumption tax on food and drink from 8 percent to 1 percent for two years and to add an income-linked benefit.

Four traders told Reuters that China will resume October exports of gasoline, diesel and jet fuel after withholding approvals over the National Day holiday.

Finance ministry secretary general Robert Leonard Marbun said the draft presidential regulation moving Tax Court administration to the Supreme Court is ready for legal harmonisation.

Statistics Canada said employment fell by 68,000 in September, the second monthly decline, and the unemployment rate rose to 6.5 percent.

Penny Wong said the government cannot direct the Tax Office to reverse its decision to stop accepting credit-card tax payments after 30 November.

Official data showed Brazil's consumer prices rose 4.58 percent in the year to September, above the 4.5 percent ceiling of the central bank's target band, ahead of the 25 October runoff.

The cabinet approved a bill to cut the consumption tax on food and drink from 8 percent to 1 percent for two years and to add income-linked cash benefits.

Delta Air Lines cut its 2026 adjusted earnings outlook to $5.10 to $5.60 a share on Friday, citing a fuel bill it expects to rise by about $6 billion.

Japan's statistics bureau said real household spending by two-or-more-person households fell 3.1 percent in August from a year earlier, a ninth straight monthly decline.

Economy Minister Katherina Reiche presented an autumn projection of 1.3 percent GDP growth in 2026, up 0.8 points from the spring forecast, with 1.1 percent in 2027 and 0.6 percent in 2028.

The internal affairs ministry said households of two or more people spent an average of 310,975 yen in August, down a real 3.1 percent from a year earlier.

Taiwan's finance ministry said September exports rose 60.9 percent to a record 87.22 billion dollars, led by AI-related electronics, with shipments to the United States more than doubling.

The Bank of England said an Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog will be the central images on the next series of notes, after 478,531 consultation responses.

Bank of Baroda, Punjab National Bank and Indian Bank were among lenders that raised repo-linked lending rates by 25 basis points after the Reserve Bank of India lifted the repo rate to 5.50 percent.

The Nikkei 225 fell 1.42 percent to 69,042.11. Prime Minister Sanae Takaichi told parliament Japan no longer needs the old reflation mix of easy money and aggressive spending.

The People's Bank of China said on Thursday that market supply and demand decide the yuan under a managed float, and that China does not seek advantage through devaluation.

The economy ministry raised Germany's 2026 growth forecast to 1.3 percent from 0.5 percent in April, and its 2027 forecast to 1.1 percent.

The Finance Ministry said Japan recorded a 4.06 trillion yen current-account surplus in August, about 25 billion dollars, wider than a year earlier.

The Sensex fell 1.44 percent to 71,593.24 and the Nifty 50 fell 1.64 percent to 22,231.8, with foreign investors extending a record year of outflows.

Treasury designated 17 tankers and related companies under Operation Economic Outcast, saying the move covers most of Iran's remaining sanctions-evasion fleet.

The economy ministry lifted Germany's 2026 growth forecast to 1.3 percent from 0.5 percent in April, and put 2027 growth at 1.1 percent, saying the Iran war has hurt less than feared.

The Bank of England said the Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog will be the central images on the next series of pound notes, after nearly 500,000 people took part in a consultation.

The Bank of Japan said firms are passing on a wider range of costs, including materials, the weak yen and labour, and raised its assessment for two of nine regions.

The Finance Ministry said Japan ran a current-account surplus of 4.06 trillion yen in August, about 25 billion dollars, wider than a year earlier as primary income rose.

The People's Bank of China said official gold holdings rose to 77.47 million ounces in September, a 23rd monthly increase, while foreign-exchange reserves fell to 3.4003 trillion dollars.

Governor Fatih Karahan told a parliamentary commission that September fund defaults should have a limited effect on the real economy and have not spread through the wider financial system.

Brent closed up 4.1 percent at 104.28 dollars and WTI rose 3.6 percent to 91.49 dollars as a Gulf hurricane and Middle East shipping risks tightened supply.