Asian stocks markets are mixed ahead of a U.S. jobs update that could influence interest rate plans after Britain’s central bank raised a key rate. Shanghai, Hong Kong and Seoul rose. Tokyo and Sydney declined. Oil prices advanced. Wall Street sank for a third day after the Bank of England raised its main lending rate to a 15-year high and indicated it could stay high for a while. Investors are watching whether the U.S. economy can avoid a recession following repeated rate hikes over the past year to cool inflation. The U.S. government was to issue an update on the unexpectedly strong labor market, a factor cited by the Federal Reserve in interest rate decisions.
