Nikkei plunges 5.4% and other Asian markets reverse many of Thursday’s gains after historic rally following US president’s tariffs reprieve

• US stocks fall again after rally following Trump’s shock retreat on tariffs

The US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.

The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.

There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid.

U-turn by medicines watchdog means about 3,000 women with advanced forms of disease could benefit each year

Thousands of women with advanced breast cancer in England and Wales are to be offered a “gamechanging” twice-a-day pill on the NHS after a U-turn by the medicines watchdog.

Experts hailed the decision as a “landmark moment”. As many as 3,000 women every year could benefit from capivasertib for hormone receptor (HR)-positive HER2-negative breast cancer that has certain genetic mutations and has spread.

Pilot and a family with three children who are believed to have been Spanish tourists were killed onboard aircraft

A helicopter crashed into the Hudson River in New York on Thursday, killing all six people onboard, including the pilot and a family of Spanish tourists with three children.

The sightseeing helicopter broke apart in midair and crashed upside down into the Hudson River between Manhattan and the New Jersey waterfront shortly after 3pm ET, leading to a huge response from emergency crews.

In a scarcely credible tale of hubris André Onana was Manchester ­United’s culprit, committing two howlers that cast the goalkeeper as a mug and Nemanja Matic as a seer.

In the buildup to this match, Matic branded Onana one of United’s ­poorest-ever keepers when responding to the 29-year-old’s claim that United were better than Lyon. The tit-for-tat closed with Onana’s dig that he had won trophies at United – unlike Matic in his five years at the club – before a nightmarish evening ended with another error, this time for the hosts’ equaliser.

Daughter of Peter and Barbie Reynolds, 79 and 75, says they have ‘no idea’ why they have been in jail for two months

An elderly British couple taken captive by the Taliban have been interrogated 29 times since they were imprisoned more than two months ago, and still have “absolutely no idea” why they have been incarcerated, their daughter has said.

No charges have been brought against Peter Reynolds, 79, and his wife, Barbie, 75, who ran school training programmes and were arrested alongside an American friend, Faye Hall, as they travelled to their home in Bamyan province, in central Afghanistan, in February.

Veteran Tory, who retired as an MP last year, is on list of honours due to be published this week

Michael Gove is among those to be awarded a peerage in Rishi Sunak’s resignation honours list.

The veteran Conservative politician and editor of the Spectator, who retired as an MP at the last election, is understood to be on the list due to be published as soon as Friday.

César Hernández opens fire and hits Abigail Reyes, leader of unit focused on arresting US citizens on the run in Mexico

A US fugitive has shot and killed a Mexican police officer in the elite international liaison unit – known as “the Gringo Hunters” – which specialises in arresting US citizens on the run in Mexico.

Mexico has long been seen as a place to escape US law enforcement. The Gringo Hunters was set up in 2002 to cooperate with US authorities, and have since arrested more than 1,600 fugitives.

Case of incorrect embryo transfer at Brisbane clinic raises custody questions that could set a legal precedent in Australia, lawyers say

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The future of a child whose birth mother was mistakenly given a stranger’s embryo is a legal and ethical “nightmare” without precedent in Australian law, experts say.

Monash IVF, which operates across Australia, has apologised after a patient at one of its Brisbane clinics had an embryo incorrectly transferred to her, meaning she unwittingly gave birth to another woman’s child.

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Thirty-five arrests after hundreds of barbershops and other businesses raided in UK money-laundering investigation

Police have frozen bank accounts containing more than £1m after uncovering cannabis farms and evidence of modern slavery during raids on more than 250 barbershops and other high street businesses.

In a three-week crackdown on high street crime, known as Operation Machinize, the National Crime Agency (NCA) targeted “cash-intensive” businesses that it believes are linked to money laundering.

Campaign group Everyone Hates Elon organised protest with car bound for scrapheap ‘to create debate about wealth inequality’

Protective helmets were donned and sledgehammers wielded as Elon Musk critics vented their frustration at the Tesla boss and billionaire by smashing up a disused Tesla bound for the scrapheap.

The public art project was organised by the social media campaign group Everyone Hates Elon. A 2014 Tesla Model S was provided by an anonymous donor “to create a debate about wealth inequality”, a spokesperson for the group said.