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[1/2] A man walks in front of the headquarters of Bank of Japan in Tokyo, Japan, January 18, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing RightsSept 12 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. They now expect the central bank's 'yield curve control' policy to end in October, compared with April 2024, and for the negative interest rate policy to end in January 2024, versus December 2024. Beyond the Japanese policy drama, investors will also have the latest Indian inflation and industrial production data, and Australian business and consumer sentiment figures to digest on Tuesday. The currency is getting little support from the interest rate outlook - economists currently expect the RBI to keep rates on hold then start easing policy the second quarter of next year.

Persons: Issei Kato, Jamie McGeever, Kazuo Ueda, Josie Kao Organizations: Bank of Japan, REUTERS, of, Government Bond, Barclays, Deutsche Bank, Reserve Bank of India's, Bank, Thomson, Reuters Locations: Tokyo, Japan, Indonesian, Philippine, India, Australia, Korea

☆ BOJ head Ueda signals chance of ending negative rates - Yomiuri
▼ + stars: | 2023-09-08 | by ( Leika Kihara | ) www.reuters.com time to read: +2 min

The central bank could have enough data by year-end to determine whether it can end negative rates, Ueda told the paper in an interview on Wednesday. "If we judge that Japan can achieve its inflation target even after ending negative rates, we'll do so," he added. The BOJ currently guides short-term interest rates at -0.1% under its negative rate policy. Ueda repeated the stance in the interview, saying the BOJ will "patiently" maintain ultra-loose policy for the time being. Under a negative rate policy, banks and other financial institutions are required to pay interest for parking excess cash -- beyond what authorities say they must keep on hand for safety reasons -- with the central bank.

Persons: Florence Lo, BOJ, Ueda BOJ, Kazuo Ueda, Ueda, we're, Leika, Jonathan Oatis, Josie Kao, David Gregorio Our Organizations: REUTERS, Bank of Japan, Yomiuri, Thomson Locations: TOKYO, Japan

Analysts say its new product launches could mark a first step in the company's come-back efforts to rival Apple. "It (Huawei) can manage the psychological expectations of the target consumer group before Apple's press conference," said Ivan Lam, an analyst at Counterpoint. Sino-U.S. friction has worsened in recent years as Washington tries to restrict China's access to key technologies including cutting-edge chip technology, and Beijing looks to reduce its reliance on American tech. The U.S. Commerce Department said late Thursday it's working to obtain more information "on the character and composition" of the new Huawei chip that may violate trade restrictions. White House National Security Adviser Jake Sullivan told reporters on Air Force One the U.S. government is trying to get more information about the Huawei chip.

Persons: Ann Wang, Ivan Lam, Jake Sullivan, Rick Meckler, Taiwan's TSMC, Ben Blanchard, Jeanny Kao, Brenda Goh, Jason Xue, Yelin, Sam Nussey, Miyoung Kim, Clarence Fernandez Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Rights, Huawei, Apple, U.S, China's, Analysts, Reuters, Bank of America, Street, Washington, U.S . Commerce Department, National, Air Force, Qualcomm, Broadcom, Texas, Cherry Lane Investments, Tokyo, ASE Technology, Luxshare Precision Industry, Semiconductor, Technology, Semiconductor Manufacturing International Corp, Thomson Locations: Hsinchu, Taiwan, Rights TAIPEI, U.S, Beijing, China, Asia, Japanese, iPhones, Shenzhen, Shanghai, Yelin Mo, Tokyo

☆ Shares of Apple suppliers fall on reports of China iPhone curbs
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

Taiwan's TSMC (2330.TW), the world's largest contract chipmaker and a major Apple supplier, dropped about 0.7%, outpacing a fall of about 0.3% in the benchmark index (.TWII). China could well expand its curbs on officials' use of iPhones, said Allen Huang, executive director of Mega International Investment Services Corp in Taipei. In China, Luxshare Precision Industry (002475.SZ), maker of connector cables for the iPhone and MacBook as well as AirPods, which also owns factories capable of making iPhones, fell 1.5%. Japanese chip equipment maker Tokyo Electron (8035.T) dropped 4% on Friday. Nearly a fifth of Apple's revenue is generated in China, where thousands of workers are employed by the company and its suppliers.

Persons: Ann Wang, Taiwan's TSMC, Allen Huang, Huang, Tim Cook, Ben Blanchard, Jeanny Kao, Brenda Goh, Sam Nussey, Edmund Klamann, Clarence Fernandez Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Rights, Apple, company's, Staff, Reuters, ASE Technology, Co, Largan, Mega International Investment Services Corp, Huawei Technologies, Luxshare Precision Industry, Huawei, Tokyo, Thomson Locations: Hsinchu, Taiwan, Rights TAIPEI, China, outpacing, Taipei, iPhones, Beijing, Shanghai, Tokyo

A banner reading: "Abortion Out of the Penal Code" hangs from a building during International Women's Day, at the Zocalo Square in Mexico City, Mexico March 8, 2023. The ruling set a significant legal precedent and paved the way for the federal health system to begin providing abortion services and broaden access dramatically. But Mexican abortion rights advocates say the ruling's promise of expanding abortion access will not become a reality overnight and could depend on the political and legislative will of the federal government. Aside from safeguarding abortion patients and providers from prosecution, the ruling will have limited impact on access until the federal public health system starts providing abortion services. Xochitl Galvez, the senator chosen to represent the main opposition coalition, has broken from her center-right party’s anti-abortion platform to support abortion rights.

Persons: Quetzalli, Maria Antonieta Alcalde, IPAS, Alcalde, Andres Manuel Lopez Obrador, Claudia Sheinbaum, Xochitl Galvez, Veronica Cruz, Roe, Wade, Isabel Fulda, Gabriella Borter, Stephen Eisenhammer, Josie Kao Organizations: REUTERS, Mexico City, Regeneration, Mexico's, United States Supreme, Thomson Locations: Mexico City, Mexico, MEXICO, Coahuila, Latin America, Caribbean, America, United States, Guanajuato, U.S

☆ UBS executives sold over $15 million shares in September
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: 1 min

A UBS logo is seen next to Credit Suisse at the Bahnhofstrasse before a news conference of Swiss bank UBS in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsSept 8 (Reuters) - UBS executives have sold millions in shares since the Swiss bank announced its second quarter results, according to filings on the SIX stock exchange website. Since the start of September, UBS shares worth more than 14 million Swiss francs ($15.68 million) were sold in five transactions by executive members of the board of directors or members of senior management. The sales come in the aftermath of the bank's second quarter results, which saw shares trading at highs not seen since 2008. ($1 = 0.8931 Swiss francs)Reporting by Noele Illien; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Denis Balibouse, Noele Illien, Josie Kao Organizations: UBS, Credit Suisse, Swiss, REUTERS, SIX, Thomson Locations: Zurich Switzerland, Swiss

☆ UK, Singapore partner to boost economic growth, strengthen security
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +1 min

Companies Atomico (UK) Partners LLP FollowSept 8 (Reuters) - The British government has signed a partnership with Singapore to grow its economy and enhance shared security, Downing Street said on Friday, adding it was the UK's first treaty since leaving the European Union. They said the partnership will give Singaporean companies more confidence to invest in Britain and vice-versa, while also creating jobs. The British government added that the partnership will strengthen security cooperation, science and technology innovation, and research and development, including countering cyber threats, through a partnership between Singapore's Digital and Intelligence Service and Britain. "This new agreement with Singapore will take us even further in delivering our priorities and ensure that, as we map the future of the world economy, we are doing so alongside our closest partners," Rishi Sunak said. Reporting by Rishabh Jaiswal in Bengaluru; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Downing, Rishi Sunak, Lee Hsien Loong, Rishabh, Josie Kao Organizations: Atomico, Partners, British, European Union . British, Singapore's Digital, Intelligence Service, Britain, Thomson Locations: Singapore, India, Britain, New Delhi, Bengaluru

☆ SpaceX, US FAA close Starship launch probe with dozens of fixes
▼ + stars: | 2023-09-08 | by ( Joey Roulette | ) www.reuters.com time to read: +5 min

"The closure of the mishap investigation does not signal an immediate resumption of Starship launches at Boca Chica," the agency said, referring to SpaceX's sprawling Starship launch site in south Texas. It was unclear how many of the corrective actions SpaceX has already implemented, which will impact Starship's next launch timeline. Later on Friday, SpaceX's CEO and founder Elon Musk asked the FAA "what are the 63 corrective actions?" In line with FAA regulations, Musk's space company led the Starship investigation and largely created the list of 63 corrective actions for the FAA to approve. The agency requires SpaceX complete those actions before it can obtain a new Starship launch license.

Persons: SpaceX's, Joe Skipper, Elon Musk, Musk, Joey Roulette, Chizu Nomiyama, Mark Porter, Josie Kao, David Gregorio Our Organizations: Boca Chica, REUTERS, Rights, U.S . Federal Aviation Administration, SpaceX's, FAA, SpaceX, NASA, Boca, Thomson Locations: Brownsville , Texas, U.S, Texas, Boca Chica

☆ Roblox plans PlayStation debut, new world-building AI tools
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

Roblox will also make its app fully available on Meta's (META.O) Quest mixed reality devices this month after rolling out a test version in July. That version was downloaded more than a million times within five days, the company said in a blog post. Meta's similar "metaverse" service Horizon, where users appearing as avatars can gather in virtual spaces, has struggled to gain similar momentum. At its conference, Roblox announced plans to roll out an AI-powered world-building chatbot by the end of the year. Another new Roblox tool due later this year would make it possible for mobile or desktop users to conduct voice calls with Roblox friends appearing as avatars.

Persons: Brendan McDermid, Manuel Bronstein, Bronstein, Meta, Roblox, Mark Zuckerberg, Katie Paul, David Gaffen, Josie Kao Organizations: New York Stock Exchange, REUTERS, Meta, Wall, Reuters, Thomson Locations: New York, U.S

REUTERS/Brendan McDermid Acquire Licensing RightsLONDON, Sept 8 (Reuters) - Rising U.S. business bankruptcies may raise a red flag in what otherwise appears like an economy now impervious to rising interest rates. Commenting on the numbers, insolvency research organisation ABI blamed elevated interest rates, price inflation and a resumption of student loan payments as just some of the headwinds causing stress. That partly mirrors some of built-in household resilience to rising rates related to long-term fixed-rate borrowings and still-high cash savings that now earn significantly higher rates of interest now too. And that 10% - accounting for more than 60% of index market cap - had seen no rise in net interest payments so far in the Fed campaign. But creeping insolvencies among the smaller firms - many of whom have been dubbed 'zombies' for years due to their survival solely on low interest rates - may be a better reflection of what's starting to happen at the coalface of the economy.

Persons: Brendan McDermid, Albert Edwards, Edwards, Andrew Lapthorne, Russell, NFIB, Mike Dolan, Josie Kao Organizations: New York Stock Exchange, REUTERS, Yellow Corp, P Global Market Intelligence, Reuters, Societe Generale, Fed, National Federation of Independent Business, Reuters Graphics Reuters, Thomson Locations: New York City, U.S, midyear

Some analysts feel the Huawei moves could be a first step in comeback efforts by China's "national champion" to rival Apple. By contrast with the hit for Apple suppliers, Huawei's extended recent gains. Reuters GraphicsSCOPE OF CURBS UNCLEARIt was not immediately clear how wide China's iPhone curbs are, but one employee at an affected state-owned enterprise (SOEs) in the capital said they extended to visitors. However, Canalys analyst Nicole Peng said Huawei could present a greater threat to domestic peers, such as Honor, which had benefited from Huawei's woes. The U.S. Commerce Department is seeking more information on the "character and composition" of the new Huawei chip that may violate trade curbs, it said on Thursday.

Persons: Ann Wang, chipmaker TSMC, China's, Ivan Lam, Ming, Chi Kuo, Nicole Peng, TechInsights, Jeanny Kao, David Kirton, Jason Xue, Yelin Mo, Ellen Zhang, Sam Nussey, Miyoung Kim, Clarence Fernandez Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Rights, Huawei, Apple, Largan, Industry, Semiconductor Manufacturing International Corp, Reuters, Bank of America, TF International Securities, Street, Washington, U.S . Commerce Department, Shanghai Newsroom, Thomson Locations: Hsinchu, Taiwan, Rights SHANGHAI, TAIPEI, U.S, Beijing, Taipei, TW, iPhones, China, Shenzhen, Shanghai, Tokyo

☆ Chad president talks election challenges with US envoy to UN
▼ + stars: | 2023-09-07 | by ( Michelle Nichols | ) www.reuters.com time to read: +3 min

Ambassador to the United Nations, Linda Thomas-Greenfield, meets with interim Chadian President Mahamat Idriss Deby at the presidential palace in N'Djamena, Chad, September 7, 2023. REUTERS/Michelle Nichols Acquire Licensing RightsN'DJAMENA, Sept 7 (Reuters) - Chad's interim President Mahamat Idriss Deby spoke with the U.S. envoy to the United Nations about challenges to holding an election, the envoy said on Thursday, more than two years after bypassing the central African country's constitution to install himself as leader. Military leaders in Chad originally promised an 18-month transition to elections when Deby seized power after his father, President Idriss Deby, was killed on the battlefield during a conflict with insurgents, ending decades of authoritarian rule. Ambassador to the United Nations, Linda Thomas-Greenfield - a member of President Joe Biden's cabinet - met with Deby in Chad's capital N'Djamena. Tensions have flared again on Chad's northern border with Libya, where fighting between rebels and the army subsided after president Idriss Deby was killed in 2021.

Persons: Linda Thomas, Mahamat Idriss Deby, Michelle Nichols, Deby, Idriss Deby, Joe Biden's, Thomas, Greenfield, Chad's, Ed McAllister, Josie Kao Organizations: United Nations, REUTERS, Rights, U.S, United, Military, Thomas, SAF, Rapid Support Forces, Thomson Locations: Greenfield, N'Djamena, Chad, Rights N'DJAMENA, United Nations, U.S, Chad's, France, Libya, Sudan

Sept 8 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Brent crude oil is now higher than it was a year ago, the first time since January that year-on-year price changes have been positive. In other words, all else equal, oil is now contributing to headline inflation rather than diluting it. Here are key developments that could provide more direction to markets on Friday:- Japan GDP (Q2, revised)- Japan current account (July)- Japan bank lending (August)By Jamie McGeever; Editing 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: Jamie McGeever, John Williams, Joe Biden, Xi Jinping, Josie Kao Organizations: Brent, Investors, New York Fed, nudging, Saturday, Saturday . U.S, Apple, Thomson, Reuters Locations: Japan, Asia, New Delhi, China, Beijing, Saturday .

☆ At least 39 dead as cyclone hits Brazil's southernmost state
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

Affected houses are seen in a flooded area after an extratropical cyclone hit southern towns, in Mucum, Rio Grande do Sul, Brazil, September 6, 2023. REUTERS/Diego Vara Acquire Licensing RightsRIO DE JANEIRO, Sept 7 (Reuters) - At least 39 people have died and nine remain missing after a cyclone battered Brazil's southernmost state Rio Grande do Sul, flooding homes and swelling rivers, local authorities said on Thursday. Governor Eduardo Leite declared a state of public calamity and canceled statewide parades meant to celebrate Brazil's Independence Day on Thursday. In addition to the 39 fatalities in Rio Grande do Sul, one person died in neighboring Santa Catarina state while driving through the city of Jupia when a tree fell on their car. Independent weather forecasters MetSul and Climatempo cautioned Rio Grande do Sul is expected to receive more heavy showers on Thursday and Friday.

Persons: Diego Vara, Eduardo Leite, We've, Leite, Luiz Inacio Lula da Silva, Geraldo Alckmin, Climatempo, Rio, Pedro Fonseca, Gabriel Araujo, Josie Kao Organizations: REUTERS, DE, Roca Sales, Cruzeiro, Sul, Thomson Locations: Mucum, Rio Grande do Sul, Brazil, DE JANEIRO, Santa Catarina, Jupia, India, Sao Paulo, Rio de Janeiro, Bahia

☆ 'Pipigate' peeing scandal puts Belgian minister in hot water
▼ + stars: | 2023-09-07 | by ( Geert De Clercq | ) www.reuters.com time to read: +2 min

Vincent Van Quickenborne talks to the media as he arrives at a budgetary control meeting in Brussels October 17, 2012. At a parliament hearing, Van Quickenborne apologised and said he had not been aware of the incident the night it happened. Van Quickenborne has round-the-clock protection following a failed attempt to kidnap him last year. Van Quickenborne said he had no access to police video, but in parliament he played footage of cameras at his house. Opposition politicians blasted Van Quickenborne.

Persons: Vincent Van Quickenborne, Francois Lenoir, Vincent Van Quickenborne's, Van Quickenborne, Geert De Clercq, Josie Kao Organizations: REUTERS, Rights, Thomson Locations: Brussels, Rights BRUSSELS, Belgium, Belgian

☆ We're calling on Myanmar for de-escalation of violence, ASEAN chief says
▼ + stars: | 2023-09-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're calling on Myanmar for de-escalation of violence, ASEAN chief saysASEAN's secretary-general Kao Kim Hourn says a "national, inclusive dialogue" is necessary in order to forward in the Myanmar crisis.

Persons: Kao Kim Hourn Organizations: ASEAN Locations: Myanmar

☆ Belgian Justice Minister in Hot Water Over 'Pipigate'
▼ + stars: | 2023-09-07 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

At a parliament hearing, Van Quickenborne apologised and said he had not been aware of the incident the night it happened. Van Quickenborne has round-the-clock protection following a failed attempt to kidnap him last year. Van Quickenborne said he had no access to police video, but in parliament he played footage of cameras at his house. Opposition politicians blasted Van Quickenborne. "You have given a whole new dimension to the concept of the Belgian joke," said opposition party N-VA's Yngvild Ingels.

Persons: Geert De Clercq, Vincent Van Quickenborne's, Van Quickenborne, Josie Kao Locations: Geert De Clercq BRUSSELS, Belgium, Belgian

REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsWASHINGTON, Sept 6 (Reuters) - The office of U.S. Trade Representative Katherine Tai on Wednesday further extended China "Section 301" tariff exclusions on 352 Chinese import and 77 COVID-19-related categories till Dec. 31 that were set to expire on Sept. 30. THE TAKEThe import tariff exclusions include industrial components such as pumps and electric motors, some car parts and chemicals, bicycles and vacuum cleaners. The COVID-related exclusions include medical products like face masks, examination gloves and hand sanitizing wipes. * The Trump administration had used Section 301 of the Trade Act of 1974, a statute aimed at combating trade partners' unfair practices, to launch the China tariffs. * China last week urged Chinese companies investing in the U.S. to be given "equal treatment" and called U.S. 301 tariffs on Chinese imports "discriminatory," when Raimondo visited Beijing.

Persons: Katherine Tai, Gina Raimondo, Rebecca Cook, Donald Trump, Trump, Raimondo, Kanishka Singh, Jonathan Oatis, Josie Kao Organizations: . Trade, U.S . Commerce, Detroit , Michigan U.S, REUTERS, Rights, . U.S . Commerce, U.S, misappropriating, Trade, Thomson Locations: U.S, Detroit , Michigan, China, ., misappropriating U.S, Beijing, Taiwan, Washington

Elsewhere in Asian FX markets, China's yuan slid to a 10-month low on Wednesday through 7.32 per dollar and is a whisker from plumbing depths not recorded since late 2007. Investors could get further reminders on the currency's vulnerability from Chinese trade and FX reserves figures on Thursday. Chinese trade has been one of the biggest economic red flags this year. Beijing's nominal FX reserves have risen this year, even as the nominal value of Beijing's holdings of U.S. Treasuries has fallen to a 14-year low. Here are key developments that could provide more direction to markets on Thursday:- China trade (August)- Malaysia interest rate decision- Australia trade (August)By Jamie McGeever; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Aly, Jamie McGeever, Treasuries, Josie Kao Organizations: REUTERS, FX, Asian FX, Reuters, Thomson Locations: Shanghai, China, India, Japan, Asian, Beijing, U.S, Malaysia, Australia

☆ Chinese auto chipmaker raises over $1.8 billion as Beijing prepares new chip fund
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Sept 6 (Reuters) - Chinese auto chipmaker GTA Semiconductor recently completed a largely state-funded financing round worth over $1.8 billion, state-backed Securities Times reported on Wednesday, with the move described as a clear signal to the domestic chip manufacturing industry that Beijing is still willing to invest in it. With this injection of capital Shanghai-based GTA Semiconductor, one of China's largest auto chipmakers manufacturers by production, has in less than two years racked up over $2.7 billion of mostly state funds, according to the Securities Times. Reuters could not determine whether the auto chipmaker's latest fund-raising was tied to this new fund or not. GTA Semiconductor has been backed by state-owned venture capital firms like Shanghai-based Spinnotec, which first announced the $1.8 billion fund-raising round on Monday, without specifying the entities involved. The large sum GTA Semiconductor raised highlights Beijing's commitment to prop up domestic manufacturers amid an ongoing push to wean off its chipmaking capabilities from foreign dependence, according to the Securities Times.

Persons: Eduardo Baptista, Josie Kao Organizations: Semiconductor, Securities Times, Reuters, GTA Semiconductor, GTA, Thomson Locations: BEIJING, Beijing, Shanghai, China

☆ Mexican ruling party engulfed in presidential nomination dispute
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +3 min

Ebrard's campaign has for weeks said there were problems in the national voter survey to choose a MORENA candidate, and in recent days stepped up warnings. Shortly afterward, Ebrard issued a statement saying police had prevented his representatives from entering where the party was counting the national poll ballots. In another video shared on social media, Ebrard said the situation was becoming "more and more like the PRI", or the Institutional Revolutionary Party. The main opposition alliance last week selected as its presidential candidate Xochitl Galvez, a charismatic and unconventional senator of Indigenous origin who overcame an impoverished background to become a successful entrepreneur. Reporting by Dave Graham and Adriana Barrera editing by Timothy Gardner, Cassandra Garrison and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Marcelo Ebrard, MORENA, Mexico City Mayor Claudia Sheinbaum, Iztapalapa, Alfonso Durazo, Durazo, Ebrard, we're, Andres Manuel Lopez Obrador, Xochitl Galvez, Lopez Obrador, Dave Graham, Adriana Barrera, Timothy Gardner, Cassandra Garrison, Josie Kao Organizations: Mexico City Mayor, MEXICO CITY, National Regeneration, Institutional Revolutionary Party, PRI, Tuesday, Thomson Locations: Mexico City, Mexico, MEXICO, MORENA

☆ Dollar rises to six-month high after US data; weak yen prompts warning
▼ + stars: | 2023-09-06 | by ( Gertrude Chavez-Dreyfuss | ) www.reuters.com time to read: +4 min

The greenback recovered against most currencies after the data, with the euro and sterling hitting three-month lows and the yen touching session troughs. The euro and sterling fell to three-month lows after the data and were last flat at $1.0726 and down 0.5% at $1.2505 , respectively. Data showed the Institute for Supply Management (ISM)'s non-manufacturing PMI rose to 54.5 last month, the highest since February and up from 52.7 in July. Against the yen, the dollar trimmed losses, last down little changed at 147.69 yen. The dollar showed little reaction to the report.

Persons: Dado Ruvic, Helen, Susan Collins, Christopher Waller, Waller, Masato Kanda, Gertrude Chavez, Dreyfuss, Samuel Indyk, Ankur Banerjee, Savio D'Souza, Alexandra Hudson, Josie Kao Organizations: REUTERS, Institute for Supply Management, Reuters, Monex USA, Federal, Fed, Boston, CNBC, Ministry of Finance, Thomson Locations: Washington, U.S, Kanda, London, Singapore

☆ Ryuichi Sakamoto's last performance captured by son in Venice 'Opus'
▼ + stars: | 2023-09-06 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

The pared-back performance, featuring just Sakamoto and his piano, was captured by his son, Neo Sora, and turned into a concert film "Opus" which is screening at the Venice Film Festival some six months after the 71-year-old composer died. But he still wanted to make sure to leave something before he couldn't play any longer," Sora told Reuters in Venice following the film's world premiere. Filmed in black and white, "Opus" focuses on the physicality of Sakamoto's performance. And I think especially for fans who know that song really well, that must be really touching," said Sora. I think he would be really proud and happy that this film is here."

Persons: Ryuichi Sakamoto, Sakamoto, Neo Sora, Sora, Oscar, Lawrence, Bill Kirstein, Crispian Balmer, Josie Kao Organizations: Venice Film, Reuters, Thomson Locations: VENICE, Japanese, Tokyo, Venice

☆ BlackRock voted against Glencore's climate progress report
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +2 min

A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid Acquire Licensing RightsCompanies BlackRock Inc FollowGlencore PLC FollowLONDON, Sept 6 (Reuters) - Major Glencore shareholder BlackRock Inc (BLK.N) was among investors to reject the mining giant's (GLEN.L) climate progress report at its annual meeting in May, citing inconsistencies, a voting disclosure page on the asset manager's website shows. BlackRock allows many clients to cast their own votes at companies' annual general meetings. The page also showed BlackRock did not back a shareholder resolution seeking more disclosure on progress in scaling back thermal coal production, which got 29% support, without saying why. But BlackRock in August reported a further decline in its support for shareholder resolutions on environmental and social themes, citing corporate progress on the areas and poorly crafted measures.

Persons: Brendan McDermid, Glencore, company's, Clara Denina, Simon Jessop, Josie Kao Organizations: BlackRock, New York Stock Exchange, REUTERS, BlackRock Inc, BIS, Thomson Locations: New York City, U.S, Paris

While such "carriage disputes" are commonplace in the media world, with TV channels going dark as cable companies negotiate with media companies over how much its channels are worth and how to package channels, this fight is different. Companies like Charter say rising distribution fees are forcing cable companies to increase prices, causing consumers to leave. The nation’s second-largest cable operator said viewership for Disney’s sports, entertainment and children’s programming has declined as the media conglomerate invested in its Disney+ streaming service. Disney is trying to manage declining cable subscribers as it builds streaming offerings. It wants to keep as many cable subscribers as possible while it prepares to offer ESPN directly to consumers on an app.

Persons: Dado Ruvic, Walt Disney, Christopher Winfrey, We’re, Winfrey, “, SVB, Disney, Rich Greenfield, Dawn Chmielewski, Lisa Richwine, Josie Kao Organizations: REUTERS, Charter Communications, ESPN, ABC, Disney, Charter's, U.S, Media, Charter, FX, Los Angeles . Companies, NFL, NBA, Hulu, Thomson Locations: United States, New York, Los Angeles

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