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But whether Beijing will use it remains to be seen and experts say China may instead watch from the sidelines for a while longer. Blinken, during a whirlwind Middle East trip last week, spoke by phone to Wang and asked him to use Beijing's clout to ensure the conflict does not widen. On Wednesday, Xi said whether Washington and Beijing could establish the "right" way of getting along and managing their differences would be crucial to the world. U.S. and Chinese officials held a virtual meeting on Monday on macroeconomic developments, talks the U.S. called "productive and substantive" and China called "in-depth, frank and constructive." U.S. officials said Taiwan and the South and East China Seas, where they accused Beijing of "destabilizing and dangerous actions" against rival territorial claimants, would also be on the agenda.

Persons: Wang Yi, Joe Biden, Xi, Biden, Antony Blinken, Wang, Jon Alterman, WANG, BIDEN Shi Yinhong, Shi, Israel, Zhang Jun, Wang's, Blinken, Jake Sullivan, Xi's, Yun Sun, Washington, Humeyra Pamuk, David Brunnstrom, Laurie Chen, Trevor Hunnicutt, Josie Kao Organizations: State Department, . Security, Washington's Center, Strategic, International Studies, Renmin University of China, Reuters, White, PATH, BIDEN, Asia Pacific Economic Cooperation, China, Washington's, APEC, East China Seas, China's Global Times, Thomson Locations: WASHINGTON, BEIJING, Washington, China, Beijing, Iran, Israel, Taiwan, South, U.S, Gaza, Asia, San Francisco, Bali, China . U.S, East

☆ Mideast in Focus as US, China Meet to Pave Way for Biden-Xi Summit
▼ + stars: | 2023-10-26 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +6 min

Persons: Humeyra Pamuk, David Brunnstrom, Laurie Chen WASHINGTON, Wang Yi, Joe Biden, Xi, Biden, Antony Blinken, Wang, Jon Alterman, WANG, BIDEN Shi Yinhong, Shi, Israel, Zhang Jun, Wang's, Blinken, Jake Sullivan, Xi's, Yun Sun, Washington, Laurie Chen, Trevor Hunnicutt, Josie Kao Organizations: State Department, . Security, Washington's Center, Strategic, International Studies, Renmin University of China, Reuters, White, PATH, BIDEN, Asia Pacific Economic Cooperation, China, Washington's, APEC, East China Seas, China's Global Times Locations: BEIJING, Washington, China, Beijing, Iran, Israel, Taiwan, South, U.S, Gaza, Asia, San Francisco, Bali, China . U.S, East

REUTERS/Issei Kato/File photo Acquire Licensing RightsOct 26 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Thursday are set to open on the defensive, with sentiment battered by one of the biggest selloffs of the year in U.S. tech stocks and a renewed spike in longer-dated U.S. Treasury bond yields the day before. The fog of uncertainty descended further over China's embattled property sector after it was reported on Wednesday that China's largest private lender Country Garden has defaulted on a U.S. dollar bond for the first time. But the broader tone in Asia on Thursday will be set by another decline in U.S. stocks and bonds. The global market moves represented a familiar pattern since the flare-up in Middle East violence nearly three weeks ago - higher bond yields, a 'bear steepening' of the U.S. yield curve, a stronger dollar, and higher oil and gold prices.

Persons: Issei Kato, Jamie McGeever, Michele Bullock's, Bullock, Josie Kao Organizations: U.S, REUTERS, Treasury, Reserve Bank of Australia, Central Bank, Thomson, Reuters Locations: Tokyo, Japan, Singapore, Asia, East, Korean, Korea

Saudi Minister of Finance Mohammed al-Jadaan gestures during an interview with Reuters at the Ministry of Finance in Riyadh, Saudi Arabia, December 12, 2021. REUTERS/Ahmed Yosri/File Photo Acquire Licensing RightsRIYADH, Oct 25 (Reuters) - Saudi Arabia will implement its January 2024 deadline requiring international firms that wish to secure government contracts in the kingdom to locate their regional headquarters to Riyadh, the finance minister said on Wednesday. "The deadline is not new, and yes it will be implemented," Mohammed Al Jadaan told Reuters when asked whether the January deadline remained on track. Foreign firms have for years used neighbouring United Arab Emirates as a springboard for their regional operations, including for Saudi Arabia. While the government has given cash injections to the PIF in the past, Jadaan said cash transfers were "very limited" and were disbursed from surplus.

Persons: Mohammed, Ahmed Yosri, Jan, Mohammed Al Jadaan, Jadaan, Pesha Magid, Angus MacSwan, Josie Kao Organizations: Reuters, Ministry of Finance, REUTERS, Rights, United, Future Investment Initiative, Public Investment Fund, Saudi, Thomson Locations: Saudi, Riyadh, Saudi Arabia, Rights RIYADH, United Arab Emirates, Brazil, Russia, India, China, South Africa

WASHINGTON, Oct 25 (Reuters) - U.S. President Joe Biden said on Wednesday the Israel-Gaza crisis should have "a path to peace" including independent states for the Israelis and Palestinians and integrating Israel among its Arab neighbors. "Israelis and Palestinians equally deserve to live side by side in safety, dignity and in peace," said Biden. Biden said he believed one reason Hamas militants attacked southern Israel, killing 1,400 people on Oct. 7, was to prevent normalizing relations between Israel and Saudi Arabia. Biden said he had "no notion" that the Palestinians were telling the truth about how many had been killed. Biden, a self-described "Zionist", has strongly supported Israel following Hamas' Oct. 7 attack while cautioning the country to abide by democratic principles.

Persons: Joe Biden, Biden, Anthony Albanese, They're, Albanese, Leah Millis, Jeff Mason, Trevor Hunnicutt, Steve Holland, Susan Heavey, Tom Hogue, Heather Timmons, Josie Kao Organizations: Australian, Reuters, West Bank, AUSTRALIA, Albanese, White, REUTERS, U.S, Russia's, Pacific, Thomson Locations: Israel, Gaza, Saudi Arabia, Australia, Washington , U.S, Sydney, Washington, PHILIPPINES, China, Philippines, United States, U.S, Beijing, American, Taiwan, South China, Canberra, Japan

Oct 25 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Upbeat U.S. economic data often fuels Fed rate hike expectations, dragging stocks and other asset markets lower. In Asia on Wednesday, South Korea's LG Display is expected to show a fall in quarterly revenue when it reports results. On the economic data front, annual consumer inflation in Australia is expected to slow to 5.3% in the third quarter from 6.0% in the April-June period. The Australian dollar liked what it heard, bucked the global trend of widespread weakness against the U.S. dollar, and goes into the inflation data on the front foot around $0.6360.

Persons: Jamie McGeever, Michele Bullock, Lan Foan, Xi Jinping, Josie Kao Organizations: Microsoft, Google, South, LG, Apple, Reserve Bank of Australia, U.S ., South Korea LG, Thomson, Reuters Locations: U.S, Asia, Australia, China, Beijing, South Korea

☆ Rio gangsters torch at least 35 buses after Brazil crime boss killed
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

RIO DE JANEIRO, Oct 23 (Reuters) - Criminal groups set at least 35 buses on fire in the Brazilian city of Rio de Janeiro on Monday, according to the industry group that represents bus companies, after police killed a crime boss in an operation. The attacks on buses were concentrated in the west of the city, where rival criminal groups are fighting for territorial control. Industry group Rio Onibus said 20 of the vehicles were city buses, five were part of the city's rapid transit fleet and the remainder were chartered or tourism buses. An aerial views shows buses in fire in the middle of roads, in Rio de Janeiro, Brazil, October 23, 2023, in this screen grab obtained from a video. The attacks disrupted the city's bus rapid transit system, hindering the commute home for residents and workers in the region.

Persons: Rio Onibus, Claudio Castro, Castro, Rodrigo Viga Gaier, Peter Frontini, Josie Kao Organizations: RIO DE, Industry, Rio, GLOBO, REUTERS Acquire, Military Police, Thomson Locations: RIO DE JANEIRO, Brazilian, Rio de Janeiro, Brazil, de Janeiro, Rio

REUTERS/Issei Kato Acquire Licensing RightsOct 24 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. September's PMIs showed that manufacturing activity in Japan and Australia shrank and services sector activity grew, although growth in Japan was the slowest this year. The big picture, however, is still dominated by the ebb and flow of the U.S. Treasuries market. And while a broad easing of financial conditions on Monday - lower Treasury yields and a weaker dollar - should support emerging market assets, Wall Street's late downward drift will warrant caution. The MSCI Asia ex-Japan and MSCI global emerging market indexes are both down around 13% over the past three months and on Monday both hit their lowest level since Nov. 11 last year.

Persons: Issei Kato, Jamie McGeever, bode, Michele Bullock, September's PMIs, Wall, Goldman Sachs, outflows, Goldman, Josie Kao Organizations: REUTERS, Reserve Bank of Australia, Nasdaq, Bank of Japan, PMI, Thomson, Reuters Locations: Tokyo, Japan, U.S, Korean, Australia, Asia, China, South Korea

Nvidia and AMD could sell PC chips as soon as 2025, one of the people familiar with the matter said. Nvidia and AMD would join Qualcomm (QCOM.O), which has been making Arm-based chips for laptops since 2016. Nvidia spokesperson Ken Brown, AMD spokesperson Brandi Marina, Arm spokesperson Kristen Ray and Microsoft spokesperson Pete Wootton all declined to comment. Executives at Microsoft have observed how efficient Apple’s Arm-based chips are, including with AI processing, and desire to attain similar performance, one of the sources said. AMD's entry into the Arm-based PC market was earlier reported by chip-focused publication SemiAccurate.

Persons: Intel’s, Ken Brown, Brandi Marina, Kristen Ray, Pete Wootton, ”, Jay Goldberg, Will Moss, Stephen Nellis, Max A, Kenneth Li, Josie Kao Organizations: NVIDIA, Handout, REUTERS, Nvidia, Arm Holdings, Reuters, Windows, Apple, IDC, Devices, AMD, Qualcomm, Microsoft, Intel, D2D, Software, Thomson Locations: Santa Clara , California, San Francisco

Meanwhile, Boeing and Spirit, a supplier for the U.S. planemaker and European rival Airbus(AIR.PA), are contending with a lapse involving misdrilled holes on Boeing’s 737 MAX. Boeing is expected to report a loss of $2.23 per diluted share, compared with a loss of $5.49 a year ago. Spirit is projected to report a loss of $1.03 a share, compared to a loss of $1.22 a year earlier, according to LSEG data. The target may no longer be achievable if Boeing can no longer meet its goal of delivering 400 737s this year. Spirit, which reports Nov. 1, has already revealed preliminary results as part of a new price agreement with Boeing.

Persons: Benoit Tessier, Whitney, Rob Stallard, ” RTX, Ron Epstein, Vertical's Stallard, Patrick Shanahan, Pat, Michel Merluzeau, Shanahan, Valerie Insinna, Pratyush Thakur, Ben Klayman, Josie Kao Organizations: Boeing, International Paris Air, Le, REUTERS, Rights, Pratt, U.S, Airbus, Research, LSEG, ” Bank of America, Thomson Locations: Le Bourget, Paris, France, Washington, Bengaluru

☆ Funeral of Detroit synagogue leader set for Sunday; police seek motive
▼ + stars: | 2023-10-22 | by ( ) www.reuters.com time to read: +2 min

The skyline of Detroit is seen looking south from the midtown area in Detroit, Michigan October 23, 2013. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 22 (Reuters) - A funeral will be held on Sunday for the president of a Detroit synagogue who was killed over the weekend, according to the funeral home's website, as police searched for a motive. "We are shocked and saddened to learn of the unexpected death of Samantha Woll, our Board President," the synagogue said in a Facebook post. Michigan Attorney General Dana Nessel remembered Woll as being driven by "her sincere love of her community, state and country." The funeral services will be held on Sunday afternoon in suburban Detroit.

Persons: Rebecca Cook, Samantha Woll, Isaac, James E, White, Dana Nessel, Woll, Sam, Nessel, Elissa Slotkin, Maria Caspani, Sharon Bernstein, Josie Kao Organizations: REUTERS, Democratic, Detroit Police Department, Police, Detroit Police, Reuters, Michigan, U.S . House, Thomson Locations: Detroit, Detroit , Michigan, Lafayette Park, Joliet Place

[1/2] Iraqi students gather during a protest in support of Palestinians in Gaza as the conflict between Israel and Hamas continues, in Baghdad, Iraq, October 18, 2023. REUTERS/Ahmed Saad/File photo Acquire Licensing RightsWASHINGTON, Oct 22 (Reuters) - The U.S. State Department said on Sunday U.S. citizens should not travel to Iraq after recent attacks on American troops and personnel in the region. The travel advisory says, "Do not travel to Iraq due to terrorism, kidnapping, armed conflict, civil unrest, and Mission Iraq’s limited capacity to provide support to U.S. There has been a spike in attacks against U.S. forces in Iraq and Syria since the conflict between Israel and Hamas militants in Gaza broke out. "Because of security concerns, U.S. government personnel in Baghdad are instructed not to use Baghdad International Airport," the State Department said on Sunday.

Persons: Ahmed Saad, Antony Blinken, Lloyd Austin, Kanishka Singh, Josie Kao Organizations: Hamas, REUTERS, Rights, U.S . State Department, Sunday U.S, U.S, Embassy, Consulate, State Department, United, Area Defense, Pentagon, Thomson Locations: Gaza, Israel, Baghdad, Iraq, U.S, Syria, Iranian, Yemen, Embassy Baghdad, Erbil, Iran, Washington, United States

☆ Goldman Sachs veteran to become CEO of asset-management firm P10, Wall Street Journal reports
▼ + stars: | 2023-10-22 | by ( ) www.reuters.com time to read: +1 min

Oct 22 (Reuters) - Goldman Sachs veteran Luke Sarsfield is set to become chief executive of asset manager P10 (PX.N), the Wall Street Journal reported on Sunday. P10, which is a multi-asset class private market solutions provider in the alternative asset management industry, plans to announce the move on Monday, the report said citing people familiar with the matter. Sarsfield worked with Goldman Sachs for over 23 years, WSJ said. He was appointed as the global co-head of its $2.47 trillion asset-management business early last year. Reporting by Shivani Tanna in Bengaluru; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Goldman Sachs, Luke Sarsfield, Sarsfield, Shivani Tanna, Josie Kao Organizations: Wall Street, Dallas, RCP Advisors, TrueBridge Capital Partners, Thomson Locations: Bengaluru

China's decision may escalate trade disputes globally and spur other countries to prioritize research into alternative sources and materials, industry executives said. "We see China's move as a potential catalyst to highlight the urgency of improving (U.S.) graphite supply," said John DeMaio, president of Graphex Group's (6128.HK) graphene division. It has graphite supply deals with Syrah Resources (SYR.AX) and is looking for other sources, DeMaio said. Synthetic graphite could account for nearly two-thirds of the EV battery anode market by 2025, Benchmark Mineral Intelligence estimates. Chief Operating Officer Hans Erik Vatne told Reuters recently that developing synthetic graphite production is costly, but that is the price to pay to reduce reliance on China.

Persons: Fabian Bimmer, John DeMaio, Graphex Group's, DeMaio, Tesla, Hans Erik Vatne, Rob Anstey, Alvin Liu, Akash Sriram, Ernest SCheyder, Nick Carey, Christina Amann, Marie Mannes, Gilles Guillaume, Ilona Wissenbach, Ben Klayman, Josie Kao Organizations: Volkswagen, REUTERS, Syrah Resources, Magnis Energy Technologies, Mineral Intelligence, Reuters, EVs, BMO Capital Markets, BMW, Volvo, Renault, General Motors, Ford, Thomson Locations: Salzgitter, Germany, China, Warren , Michigan, West, U.S, Europe, Oslo, Norway, Bengaluru, Houston, London, Berlin, Stockholm, Paris, Frankfurt

Graphite is used in virtually all EV battery anodes, which is the negatively charged portion of a battery. Their announcement boosted China's exports in July as overseas buyers rushed to lock in supply, while the launch of the restrictions slashed exports in August-September. It also makes more than 90% of the final processed material for EV battery anodes. "We have been waiting for (China's) graphite exports to slow," said John Meyer at SP Angel. "Having overproduced synthetic graphite we reckon China is also keen to keep this material within China to meet rapid growth in EV battery demand."

Persons: Phil Noble, Tom Burkett, James Willoughby, Wood Mackenzie, Daisy Jennings, Gray, Willoughby, John Meyer, Polina Devitt, Amy Lv, Eric Onstad, Veronica Brown, Josie Kao Organizations: REUTERS, EV, Global Graphite Advisory, Companies, Benchmark Mineral Intelligence, SP, Thomson Locations: Manchester, Britain, BEIJING, China, Canada, Africa, Australia, Brazil, U.S, Wood, Japan, United States, South Korea, India

REUTERS/Chris Helgren/File Photo Acquire Licensing RightsWASHINGTON, Oct 20 (Reuters) - The U.S. State Department on Friday urged India not to insist on Canada reducing its diplomatic presence in the country after Ottawa pulled out 41 diplomats this week amid a dispute over the murder of a Sikh separatist leader. "We are concerned by the departure of Canadian diplomats from India, in response to the Indian government's demand of Canada to significantly reduce its diplomatic presence in India," State Department spokesperson Matthew Miller said. Canada has alleged Indian involvement in the June murder of Canadian citizen and Sikh separatist leader Hardeep Singh Nijjar, whom India called a "terrorist." But Friday's statement from the U.S. State Department has been the most direct criticism by Washington of New Delhi thus far in this case. Canada withdrew 41 diplomats from India after New Delhi last month asked Ottawa to reduce its diplomatic presence following Canada's allegations over Nijjar's killing.

Persons: Nanak, Hardeep Singh Nijjar, Chris Helgren, Matthew Miller, Washington, Kanishka Singh, Costas Pitas, Josie Kao Organizations: REUTERS, Rights, U.S . State Department, Ottawa, Department, Analysts, Diplomatic Relations, State Department, Thomson Locations: Surrey, British Columbia, Canada, India, U.S, China, Washington of New Delhi, Vienna, New Delhi, Ottawa

[1/2] Small toy shopping cart is seen in front of displayed Amazon logo in this illustration taken, July 30, 2021. In its filing, Amazon said it "prominently and repeatedly" disclosed key terms — including price and automatic renewal — to Prime customers. Amazon also accused the FTC of seeking to punish the company through "undefined concepts" such as "manipulative" website designs. "In a case supposedly about clarity, the FTC's purported standards are unconstitutionally opaque," Amazon said. The FTC's Prime lawsuit said Amazon "under substantial pressure" from the FTC changed its cancellation process in April, before the agency filed its lawsuit.

Persons: Dado Ruvic, John Chun, Biden, Mike Scarcella, David Bario, Josie Kao Organizations: REUTERS, Amazon Prime, Federal Trade Commission, Amazon, Wednesday, U.S, District, FTC, Amazon.com, Thomson Locations: Seattle, Chun's Seattle

A passerby walks past an electric monitor displaying recent movements of various stock prices outside a bank in Tokyo, Japan, March 22, 2023. The U.S. 10-year yield has shot up 35 basis points this week, on track for its biggest weekly rise in over a decade. The 2s/10s yield curve has steepened 27 basis points, which would be the biggest weekly steepening move since March. The 10-year yield rose as high as 4.996%, a level not seen since July 2007. On the economic data front, data are expected to show Japan's annual core inflation rate was 2.7% in September, cooling from 3.1% in August.

Persons: Issei KatoFile, Jamie McGeever, Kazuo Ueda, Jerome Powell, Ueda, Josie Kao Organizations: REUTERS, Bank of Japan, People's Bank of, Federal, Netflix, Thomson, Reuters Locations: Tokyo, Japan, Treasuries, Malaysia, Hong Kong, China, People's Bank of China, Asia, U.S, Hill, East

☆ Pro-Palestinian demonstrators in The Hague urge ICC action
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

Fighting began on Oct. 7 when Hamas launched a surprise attack on Israel as part of its goal to end Israeli occupation. Israel has since retaliated by bombing Gaza, and an estimated 1,400 Israelis and 3,000 Palestinians have been killed so far. The ICC is investigating potential atrocity crimes that Hamas militants in Israel and Israelis in the Gaza Strip have committed since 2014, which also covers the current conflict. We came here to say enough is enough," Rafat Alkayyali, 50, said, adding that he came to the ICC to protest because he believes in international law. Protesters carried signs that said: "Justice for Palestine - Stop the Genocide" and "How many children will die until Israel is prosecuted".

Persons: Fighting, Karim Khan, Piroschka van de, Stephanie van den Berg, Josie Kao Organizations: Hamas, Criminal Court, ICC, HAGUE, Protesters, Reuters, Thomson Locations: Gaza, Israel, The Hague, Palestine

☆ US easing Venezuela oil sanctions after election deal
▼ + stars: | 2023-10-18 | by ( Matt Spetalnick | ) www.reuters.com time to read: +2 min

Venezuela's President Nicolas Maduro speaks during a meeting with Iranian President Ebrahim Raisi at the Miraflores Palace, in Caracas, Venezuela June 12, 2023. REUTERS/Leonardo Fernandez Viloria/File Photo Acquire Licensing RightsWASHINGTON, Oct 18 (Reuters) - The Biden administration on Wednesday broadly eased sanctions on Venezuela's oil and gas sector in response to a 2024 election deal reached between the Venezuelan government and the country's opposition. Treasury is prepared to amend or revoke the authorizations at any time if representatives of President Nicolas Maduro fail to follow through on their commitments in the deal with the opposition, it added. The changes include the issuance of a six-month general license for the oil and gas sector in Venezuela and another general license authorizing dealings with Minerven – the Venezuelan state-owned gold mining company. The frontrunner in an opposition primary scheduled for Sunday, Maria Corina Machado, is barred from office for 15 years as of June.

Persons: Nicolas Maduro, Ebrahim Raisi, Leonardo Fernandez Viloria, Biden, Minerven, Maria Corina Machado, Donald Trump, Maduro, Matt Spetalnick, Marianna Parraga, Mayela Armas, Vivian Sequera, Josie Kao, Lisa Shumaker Organizations: REUTERS, Rights, Venezuelan, U.S . Department of, Treasury, Treasury Department, U.S . State Department, Reuters, Washington, Biden, Thomson Locations: Miraflores, Caracas, Venezuela, Venezuelan, U.S

☆ Exclusive: US easing Venezuela oil sanctions after election deal -official
▼ + stars: | 2023-10-18 | by ( Matt Spetalnick | ) www.reuters.com time to read: +4 min

Venezuela's President Nicolas Maduro speaks during a meeting with Iranian President Ebrahim Raisi at the Miraflores Palace, in Caracas, Venezuela June 12, 2023. The U.S. imposed tough sanctions on Venezuela to punish President Nicolas Maduro's government following his 2018 re-election, which the U.S. and other Western governments rejected as a sham. Since 2019, U.S. sanctions have banned state-run oil company PDVSA from exporting to its chosen markets. The official warned, however, that U.S. decisions on relaxed sanctions would depend on Maduro complying with the latest agreement and working toward free and fair elections. Some opposition figures told Reuters on Monday they doubt Maduro's administration will follow through on the election pledges.

Persons: Nicolas Maduro, Ebrahim Raisi, Leonardo Fernandez Viloria, Joe Biden's, Nicolas Maduro's, Biden, Donald Trump's, We're, Maria Corina Machado, Maduro, Matt Spetalnick, Marianna Parraga, Mayela Armas, Josie Kao Organizations: REUTERS, Rights, Venezuelan, U.S . State Department, Reuters, U.S, EIA, Biden, Thomson Locations: Miraflores, Caracas, Venezuela, U.S, Maduro, Caribbean, OPEC, The U.S, Barbados, BARBADOS

Oct 19 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. But the one-two combination of new multi-year highs for U.S. bond yields and a steep selloff on Wall Street looks set to deliver an early blow to Chinese and other markets across Asia on Thursday. As well as rising bond yields on Wednesday, Wall Street felt the heat from downbeat U.S. earnings. Stocks fell the most in two weeks, even though the message from Fed officials on the stump was that interest rate hikes are probably over. Here are key developments that could provide more direction to markets on Thursday:- South Korea interest rate decision- Indonesia interest rate decision- Several Fed officials speak, including Chair Jerome PowellBy Jamie McGeever; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Jamie McGeever, Stocks, Jerome Powell, Josie Kao Organizations: Treasury, Will, Bank of Japan, Government Bond, Bank of Korea, Bank Indonesia, Thomson, Reuters Locations: U.S, Asia, South Korea, Indonesia, Japan, Malaysia, Australia, Hong Kong, Korea

☆ Sudan's Paramilitary RSF Advances, Seeks to Cement Control
▼ + stars: | 2023-10-18 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

Fighting between the Sudanese army and the paramilitary Rapid Support Forces (RSF) erupted on April 15 over tensions linked to a planned transition to civilian rule. It has devastated the capital Khartoum and sparked ethnically driven attacks in Darfur. The RSF quickly controlled the capital and residents have accused it of looting and occupying homes. The army, which has maintained control of its bases, has launched major airstrikes and artillery fire. Within Khartoum, the RSF has launched attacks on several army bases, including the main army headquarters and the armoured corps base.

Persons: El Obeid, Khalid Abdelaziz, Nafisa, Josie Kao Organizations: Sudanese, Rapid Support Forces, MSF Locations: CAIRO, Khartoum, Darfur, Gezira, Madani, Omdurman, Jebel

Based on International Monetary Fund data on comparative international investment positions through the early part of this year, U.S. portfolio investment overseas - equity, fund shares and debt securities - stood at more than $14.5 trillion. US funds shy of overseas equityUS economic growth roaring at more than 5%US expensive for a reason? The upshot could be an ever wider U.S. deficit on its net international investment position - potentially lifting the dollar as that inflates, but leaving it vulnerable to the yawning gap and foreign investor sentiment down the road. IMF chart on US net international investment deficitUS stocks lead the packThe opinions expressed here are those of the author, a columnist for ReutersEditing by Josie KaoOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, that's, it's, Julius Baer's, Yves Bonzon, Josie Kao Organizations: New York Stock Exchange, REUTERS, Atlanta Federal, Monetary, ICI, Thomson, Reuters Locations: New York City, U.S, China, Gaza, Russia, Ukraine, Moscow, Washington, Taiwan, United States, Swiss, Switzerland, Germany

Oct 18 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Wall Street closed flat to slightly lower on Tuesday, after forecast-busting U.S. retail sales data stoked expectations for another Fed rate hike by year-end and pushed Treasury bond yields sharply higher. Blame bumper U.S. retail sales, which also sparked a spree of upward revisions to U.S. growth forecasts. With nearly $11 billion of offshore bonds and $6 billion of offshore loans, a Country Garden default would tee up one of China's biggest corporate debt restructurings. Here are key developments that could provide more direction to markets on Wednesday:- China GDP (Q3)- China retail sales, investment, unemployment, industrial production (September)- U.S. President Biden visit to IsraelBy Jamie McGeever; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Jamie McGeever, chipmakers, Joe Biden's, Biden, Josie Kao Organizations: Wall Street, Bank of America, U.S, Wednesday, Atlanta, U.S ., Asia's, Thomson, Reuters Locations: China, Israeli, Gaza, Israel, U.S

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