Asia-Pacific Markets Fall Ahead of U.S. Jobs Report

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Asia-Pacific Markets Fall Ahead of U.S. Jobs Report
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Shares in the Asia-Pacific fell on Friday ahead of the monthly U.S. jobs report, which is likely to guide the Fed’s next monetary decision in November.

CNBC Pro subscribers can read more here.{=null}South Korean chipmaker Samsung Electronics announced a 31.7% drop in operating profit in the third quarter of 2022 compared with the same period a year ago,Operating profit fell to 10.8 trillion Korean won , compared with 15.8 trillion won in the third quarter of 2021. That's the first decline in quarterly profits since the fourth quarter of 2019, data from Refinitiv Eikon showed.

Sales rose to 77 trillion Korean won in the July-to-September quarter, from 73.98 trillion won in the same period last year.

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Asia-Pacific markets set to fall ahead of U.S. jobs reportAsia-Pacific markets set to fall ahead of U.S. jobs reportShares in the Asia-Pacific are poised to fall on Friday ahead of the monthly U.S. jobs report, which is likely to guide the Fed's next monetary decision in November.
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