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☆ Israel and Hamas at war: Latest news
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +5 min

The United Nations World Food Programme said crucial supplies were running dangerously low in Gaza after Israel imposed a total blockade. * When Israel called up its reservists and declared war this week, the response was swift and overwhelming. [1/6]Israeli soldiers patrol following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, in southern Israel, October 11, 2023. * What are global firms with a presence in Israel doing after the Hamas attack? * Israel has raised $200 million in diaspora bonds since the war with Hamas began, Israel Bonds said.

Persons: Antony Blinken, Kan, East Jerusalem's, Israel, Mahmoud Abbas, Violeta Santos Moura, Donald Trump, Netanyahu, Tayyip Erdogan, Wang Yi, Mohammed Deif, upends, Kazuo Ueda, Israel Bonds, Kristalina Georgieva, Stephen Farrell, Lisa Shumaker Organizations: Hamas, United Nations, Food Programme, West Bank, Rights Watch, Britain, Royal Navy, REUTERS, White, Republican, Bank of Japan, * Airlines, Monetary Fund, Thomson Locations: Gaza, Washington, Israel, East, East Jerusalem's Al, Aqsa, Lebanon, Egypt, Sinai, Sderot, Palestinian, Paris, Israeli, Jerusalem, Saudi, Lincoln

[1/4] Members of the New York City Police Department (NYPD) Counterterrorism unit patrol in Times Square, as the city takes security precautions ahead of planned demonstrations, in New York City, U.S., October 12, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsOct 13 (Reuters) - U.S. law enforcement agencies have escalated security measures to safeguard Jewish and Muslim communities ahead of global pro-Palestinian protests expected on Friday but urged members of the public to go about their daily routines. Adams said extra police patrols were being deployed in Jewish and Muslim communities alike. TIMES SQUARE PROTEST EXPECTEDNew York City officials said they were bracing for at least one major demonstration planned for Times Square on Friday. He said the FBI, U.S. homeland security officials and other federal authorities had held online security "webinars" with Jewish institutions around the country.

Persons: Brendan McDermid, Kathy Hochul, Eric Adams, Adams, Khaled Meshaal, John Chell, Hochul, Abed Ayoub, Rabbi Yoni Fein, Fein, Dan Whitcomb, Steve Gorman, Kanishka Singh, Lincoln Organizations: New York City Police Department, NYPD, Counterterrorism, REUTERS, Police, New, . New, . New York City, Hamas, Times, New York Police Department, New York National Guard, Los Angeles Police Department, FBI, Palestinian, ICE, Twitter, Maimonides Academy, Thomson Locations: New York City, U.S, New York, Los Angeles, . New York, Jewish, Gaza, Israel, United States, Fort Lauderdale , Florida, Washington

[1/4] Members of the New York City Police Department (NYPD) Counterterrorism unit patrol in Times Square, as the city takes security precautions ahead of planned demonstrations, in New York City, U.S., October 12, 2023. Adams said extra police patrols were being deployed in Jewish and Muslim communities alike. Former Hamas chief Khaled Meshaal called for protests across the Muslim world on Friday in support of Palestinians. TIMES SQUARE PROTEST EXPECTEDNew York City officials said they were bracing for at least one major demonstration planned for Times Square on Friday. He said the FBI, Department of Homeland Security and other federal authorities had held online security sessions with Jewish institutions around the country.

Persons: Brendan McDermid, Kathy Hochul, Eric Adams, Adams, Khaled Meshaal, John Chell, Hochul, Montgomery, Abed Ayoub, Rabbi Yoni Fein, Fein, Biden, John Kirby, Kirby, Dan Whitcomb, Steve Gorman, Kanishka Singh, Patricia Zengerle, Brendan O'Brien, Lincoln, Jonathan Oatis, Alistair Bell Organizations: New York City Police Department, NYPD, Counterterrorism, REUTERS, Police, New, . New, . New York City, Hamas, Times, New York Police Department, National Guard, Los Angeles Police Department, Tourists, Facebook, Jewish Community Relations, Greater, The Jewish Federation of, U.S . Park Police, Montgomery Blair High, FBI, Palestinian, ICE, Maimonides Academy, Department of Homeland Security, CNN, Thomson Locations: New York City, U.S, New York, Los Angeles, . New York, Jewish, Gaza, Israel, Washington, American, Greater Washington, The Jewish Federation of Greater Washington, Four Corners , Maryland, United States, Fort Lauderdale , Florida

☆ Split verdict for Colorado police officers tried in death of Elijah McClain
▼ + stars: | 2023-10-12 | by ( Brad Brooks | ) www.reuters.com time to read: +3 min

Protesters gather for a rally to call for justice for Elijah McClain in Denver, Colorado, U.S., November 21, 2020. The same jury found Jason Rosenblatt, another officer jointly tried with Roedema, not guilty on manslaughter and assault charges. Aurora officers Roedema and Rosenblatt were defendants in the first of three trials in the death of McClain. A revised autopsy report in September 2022 concluded McClain died from "complications of ketamine administration following forcible restraint." The footage does not show McClain grabbing for a gun, but Roedema can be heard yelling that McClain tried to get Rosenblatt's weapon.

Persons: Elijah McClain, Kevin Mohatt, Randy Roedema, Jason Rosenblatt, Roedema, Rosenblatt, McClain, Sheneen McClain, Art Acevedo, brutalized McClain, Aurora . McClain, George Floyd, Floyd's, Brad Brooks, Dan Whitcomb, Donna Bryson Organizations: REUTERS, Denver Post, Aurora Police, Prosecutors, Aurora, Minneapolis police, Thomson Locations: Denver , Colorado, U.S, Colorado, America, Denver, Aurora ., Minneapolis, Longmont , Colorado, Los Angeles, Lincoln

Summary LATEST DEVELOPMENTS:"Civilians of Gaza City, evacuate south for your own safety...and distance yourself from Hamas terrorists who are using you as human shields," Israeli military says. The Israeli military said it would operate "significantly" in Gaza City in coming days and civilians should only return when advised. "Civilians of Gaza City, evacuate south for your own safety and the safety of your families and distance yourself from Hamas terrorists who are using you as human shields," the military said. "Hamas terrorists are hiding in Gaza City inside tunnels underneath houses and inside buildings populated with innocent Gazan civilians." [1/16]Palestinians flee their homes amid Israeli strikes, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Gaza City, October 13, 2023.

Persons: Yoav Gallant, Gilad Erdan, Israel, Cross, Fabrizio Carboni, Antony Blinken, Mohammed Salem, Blinken, Jordan's King Abdullah, Mahmoud Abbas, Hassan Nassrallah, Lloyd Austin, Austin, Benjamin Netanyahu, Mount Herzl, Khan Younis, Ibrahim Hamdan, Henriette Chacar, Dedi, Maayan Lubell, Emily Rose, Michelle Nichols, Emma Farge, Jeff Mason, Humeyra Pamuk, Steve Gorman, Dan Whitcomb, Michael Martina, Michael Perry, Michael Georgy, Philippa Fletcher, Howard Goller, Diane Craft, Nick Macfie Organizations: Hamas, United Nations, Shifa, International Committee, Food Programme, ICRC, U.S, NATO, REUTERS, Palestinian Authority, West Bank, United Arab, U.S . Defense, Washington, United, Police, FBI, Mount, Thomson Locations: Gaza City, Gaza, JERUSALEM, TEL AVIV, Israel, Japan, United States, Palestinian, Qatar, Saudi Arabia, Egypt, United Arab Emirates, Iran, Lebanon, Turkey, UAE, Turkish, U.S, Paris, Amsterdam, London, New York, Los Angeles, Jerusalem, Gazans, Geneva, Washington, Tel Aviv

☆ Two US House Republicans make their bid for the speaker's gavel
▼ + stars: | 2023-10-11 | by ( David Morgan | ) www.reuters.com time to read: +5 min

[1/5] U.S. House Majority Leader and candidate for next U.S. Speaker of the House Steve Scalise (R-LA) arrives for a meeting with members of Florida's House of Representatives, after Kevin McCarthy was ousted as House speaker, at the U.S. Capitol in Washington, U.S., October 10, 2023. Republicans hold a narrow 221-212 majority in the House. McCarthy on Monday said he would take the job back if asked to by House Republicans, but on Tuesday told reporters, "I asked them please not to nominate me." It took only eight Republicans to oust McCarthy last week, which could make leading the caucus a challenge for any new speaker. Scalise appeared to have the support of many veteran and establishment Republicans including party leaders, while Jordan drew endorsements from others including Trump-style populists.

Persons: Steve Scalise, Kevin McCarthy, Leah Millis, Jim Jordan, Scalise, Jordan, We've, Mike Garcia, Kat Cammack, Ralph Norman, McCarthy, Donald Trump, Thomas Massie, Patrick McHenry, McHenry, Israel, David Morgan, Moira Warburton, Richard Cowan, Scott Malone, Lincoln, Grant McCool, Leslie Adler Organizations: ., Florida's, U.S, Capitol, REUTERS, Rights, . House, Democratic, Republicans, House Republicans, Trump, Palestinian, Hamas, Thomson Locations: Washington , U.S

☆ North Korea's Kim shares letters with Russia's Putin, wishes victory over 'imperialists'
▼ + stars: | 2023-10-11 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

Russia's President Vladimir Putin and North Korea's leader Kim Jong Un attend a meeting at the Vostochny ?osmodrome in the far eastern Amur region, Russia, September 13, 2023 in this image released by North Korea's Korean Central News Agency. In his letter, Kim said he was extremely satisfied with their "candid, comprehensive" discussions during the visit. He pledged to further develop relations to a "new height" and wished Putin good luck in resisting Western pressure over Ukraine. Putin, in his message to Kim, said their recent meeting was more evidence of developing ties. Washington has accused has accused North Korea of providing weapons to Russia for its war in Ukraine, including artillery shells, shoulder-fired rockets and missiles.

Persons: Vladimir Putin, Kim Jong Un, Kim Jong, KCNA, Putin, Kim, Kim's, Hyonhee Shin, Lincoln Organizations: North, Korean Central News Agency, KCNA, REUTERS, Rights, Thomson Locations: Amur, Russia, Rights SEOUL, North Korea, Ukraine, Northeast Asia, Moscow, Pyongyang, Washington

Most foreign airlines have suspended or curtailed services, leaving passengers uncertain how to leave or reach the country and consular services struggling to keep up with demand for assistance, with priority given to those with missing relatives. Israel's parliamentary finance committee said late on Tuesday it would debate authorising state guarantees for providing war risk insurance for Israeli airlines. British Airways said it would suspend flights to Tel Aviv after diverting a flight from London back to Britain shortly before it was due to reach Tel Aviv, citing security concerns. U.S. Transportation Secretary Pete Buttigieg said Washington remains in talks with U.S. airlines about flights to Israel. Passengers have complained of mounting costs especially for leaving Israel, but airlines deny driving up prices.

Persons: Yiannis, El Al, Sun Dor, Israel, ” Neil Roberts, Jan Lipavsky, Lipavsky, couldn't, Annalena Baerbock, Carsten Spohr, Pete Buttigieg, flydubai, Steven Scheer, Carolyn Cohn, Jacob Gronholt, Pedersen, Michael Kahn, Victoria Klesty, Joanna Plucinska, Tim Hepher, Huseyin Hayatsever, David Shepardson, Alexander Cornwell, Mark Potter, Lincoln Organizations: Larnaca International Airport, REUTERS, El, Hamas, Association, British Airways, Lufthansa, German, . Transportation, U.S, Nordic, Dubai's Emirates, Etihad Airways, Thomson Locations: Israel, Larnaca, Cyprus, Israeli, Athens, Rome, Madrid, Bucharest, New York, Paris, Istanbul, El, Tel Aviv, London, Britain, Czech, Oman, Prague, Lipavsky, Denmark, Carsten Spohr ., Washington, Norwegian, Oslo, Abu Dhabi, United States, COVID

☆ Two US House Republicans expected to make pitch for speaker's gavel
▼ + stars: | 2023-10-10 | by ( David Morgan | ) www.reuters.com time to read: +4 min

[1/5] U.S. House Majority Leader and candidate for next U.S. Speaker of the House Steve Scalise (R-LA) arrives for a meeting with members of Florida's House of Representatives, after Kevin McCarthy was ousted as House speaker, at the U.S. Capitol in Washington, U.S., October 10, 2023. It took only eight Republicans to oust McCarthy last week, a fact that could make leading the caucus a challenge for any new speaker. Scalise appeared to have the support of many veteran and establishment Republicans including party leaders, while Jordan drew endorsements from others including Trump-style populists. Other candidates could also emerge, including McCarthy, who continues to have support among a number of Republicans and said on Monday he would take the job back if asked to by House Republicans. But not all House Republicans agree that the chamber should move quickly to replace McCarthy.

Persons: Steve Scalise, Kevin McCarthy, Leah Millis, Jim Jordan, Ralph Norman, McCarthy, Jordan, Donald Trump, Scalise, Representative Patrick McHenry, McHenry, Israel, Max Miller, David Morgan, Moira Warburton, Scott Malone, Lincoln, Grant McCool Organizations: ., Florida's, U.S, Capitol, REUTERS, Rights, . House, Democratic, Republicans, Trump, House Republicans, Representative, Palestinian, Hamas, Thomson Locations: Washington , U.S, Tuesday's

☆ US House Republicans face tangled path to picking a new speaker
▼ + stars: | 2023-10-10 | by ( David Morgan | ) www.reuters.com time to read: +4 min

The U.S. Capitol is seen at night as Republicans work towards electing a new Speaker of the House, on Capitol Hill in Washington, U.S., October 9, 2023. While McCarthy was the first speaker to be ousted in a formal vote, the last two Republicans to hold the job wound up leaving under pressure from party hardliners. Scalise appeared to have the support of many veteran and establishment Republicans including party leaders, while Jordan drew endorsements from others including Trump-style populists. Other candidates could also emerge, including McCarthy, who continues to have support among a number of Republicans and made clear on Monday that he would serve again as speaker if House Republicans asked him to do so. But not all House Republicans agreed that the chamber should move quickly to replace McCarthy, saying lawmakers are still grappling with the shock of his ouster.

Persons: Evelyn Hockstein, Kevin McCarthy, Steve Scalise, Jim Jordan, McCarthy, French Hill, Jordan, Donald Trump, Scalise, Michael Cloud, Tom Cole, Israel, Max Miller, David Morgan, Lincoln Organizations: U.S, Capitol, REUTERS, Rights, . House, Republican, Reuters, Democratic, Scalise, Trump, Republicans, Lawmakers, Thomson Locations: Washington , U.S, Tuesday's, Washington, Jordan

The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. Country Garden, China's largest private property developer, has not defaulted so far, but has missed coupon payments on some dollar bonds since last month and faces the end of 30-day grace periods for making payments from next week. In a filing with the Hong Kong stock exchange on Tuesday, Country Garden said that its sales and financing were facing "significant challenges", and its available funds have continued to decrease. Country Garden was due on Monday to pay $66.8 million in coupons on 2024 and 2026 dollar bonds, although the payments have a 30-day grace period. ($1 = 7.8284 Hong Kong dollars)Reporting by Scott Murdoch in Sydney and Xie Yu in Hong Kong; additional reporting Rishav Chatterjee in Bengaluru and Clare Jim in Hong Kong; Editing by Rashmi Aich, Lincoln Feast, Jamie Freed and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Aly, homebuyers, Houlihan Lokey, Sidley Austin, Jeff Zhang, Sandra Chow, CreditSight's, Scott Murdoch, Xie Yu, Rishav Chatterjee, Clare Jim, Rashmi Aich, Lincoln, Jamie Freed, Kim Coghill Organizations: Shanghai Country Garden, REUTERS, HK, Hong, China International Capital Corporation, Asia, China Evergrande, Investment, Thomson Locations: Shanghai, China, HONG KONG, Hong Kong, Beijing, Sydney, Bengaluru, Clare

The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. Companies accounting for 40% of Chinese home sales - mostly private property developers - have defaulted on debt obligations since a liquidity crisis hit the sector in 2021, leaving many homes unfinished. The developer had been working towards announcing a restructure of its offshore debt, Chinese media reported on Monday. Country Garden faces another big test next week when its entire offshore debt could be deemed in default if it fails to pay a $15 million September coupon by Oct. 17. "The difficult situation shows that Chinese developers face severe liquidity pressure from weak home sales, and repayment to bondholders is still a lower priority," said Gary Ng, senior economist at Natixis Corporate and Investment Bank.

Persons: Aly, Houlihan Lokey, Sidley Austin, Morningstar, Jeff Zhang, Sandra Chow, CreditSight's, Gary Ng, Scott Murdoch, Xie Yu, Rishav Chatterjee, Rashmi Aich, Lincoln, Jamie Freed 私 Organizations: Shanghai Country Garden, REUTERS, Garden Holdings, HK, Hong Kong Stock Exchange, China International Capital Corporation, Asia, Natixis Corporate, Investment Bank Locations: Shanghai, China, HONG KONG, Hong Kong, Sydney, Bengaluru

☆ AMD to acquire AI software startup in effort to catch Nvidia
▼ + stars: | 2023-10-10 | by ( Max A. Cherney | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 10 (Reuters) - AMD said on Tuesday it plans to buy an artificial intelligence startup called Nod.ai as part of an effort to bolster its software capabilities. In its race to catch rival chipmaker Nvidia (NVDA.O), Advanced Micro Devices (AMD.O) plans to invest heavily in the critical software necessary for the company's advanced AI chips. Through more than a decade of work, Nvidia has built a powerful advantage in the AI chip market through the software it makes, and the software developer ecosystem. AMD has vowed to invest in and build a unified collection of software to power the various chips the company makes. Earlier this year, AMD created the AI group that will house the Nod.ai acquisition, Peng said.

Persons: Dado Ruvic, Victor Peng, Nod.ai, Peng, Boppana, Max A, Lincoln Organizations: REUTERS, AMD, Nvidia, Devices, Reuters, Artificial Intelligence, Thomson Locations: Santa Clara , California, San Francisco

TAIPEI, Oct 10 (Reuters) - Taiwan seeks "peaceful coexistence" with China with free and unrestricted interaction but the island will be democratic for generations to come, President Tsai Ing-wen said in her last national day speech on Tuesday. Speaking in front of the presidential office, Tsai said the strength of international support for Taiwan had reached an "unprecedented height". There was no immediate response from China's Taiwan Affairs Office. Beijing says Taiwan's government must accept that both China and Taiwan belong to "one China", which Tsai has refused to do. The Republic of China remains Taiwan's formal name, though the government tends to stylise it as the Republic of China, Taiwan, to distinguish it from the government in Beijing.

Persons: Tsai Ing, heightening, Tsai, Scott Morrison, China's, Mao Zedong's, Yimou Lee, Ben Blanchard, Shri Navaratnam Organizations: Taiwan, China's Taiwan Affairs Office Locations: TAIPEI, Taiwan, China, Beijing, Taiwan Strait, United States, Taipei, Asia, Republic of China, People's Republic of China, The Republic of China, Lincoln

☆ Mexico's Pacific beach towns brace as Lidia becomes hurricane
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +2 min

Hurricane-force winds and flooding rains should begin to hit Mexico on Tuesday, the center said. The NHC warned of hurricane conditions from southern Jalisco state up to the Islas Marias off the Nayarit coast, and tropical storm conditions stretching north to Mazatlan and south to Manzanillo. A storm surge could also produce "significant coastal flooding" around where Lidia makes landfall, it added. This comes as Storm Max, which hit the southern state of Guerrero on Monday, weakens as it travels inland. The NHC warned that Max would bring strong winds across the southern coastline Monday night and could still produce flash flooding and mudslides across Guerrero and neighboring Michoacan states.

Persons: Storm Lidia, Lidia, Storm Max, Max, Sarah Morland, Diego Ore, Lincoln, Gerry Doyle Organizations: MEXICO CITY, U.S, National Hurricane Center, NHC, Thomson Locations: MEXICO, Mexico, Hurricane, Puerto Vallarta, Jalisco, Islas Marias, Nayarit, Mazatlan, Manzanillo, Sinaloa, California, Guerrero, Michoacan

The usual seasonal pattern for the spot price is a rally heading into the northern winter and summer peak demand periods, followed by a lull in the shoulder seasons in between. This figure already exceeds the 20.22 million metric tons from October last year and is likely to be revised upwards as more cargoes are assessed. Demand in top importer Japan is still following the usual seasonal pattern, which generally sees soft arrivals in October followed by strength as the colder weather arrives. India's imports have been trending higher, with September arrivals of 2.15 million metric tons the most since October 2021. Europe's LNG imports are also showing signs of life, with Kpler estimating October arrivals at 8.58 million metric tons, up from 7.4 million in September.

Persons: Snow, Gary Cameron, Wheatstone, Lincoln Organizations: REUTERS, Rights, Japan, LNG, El, Chevron, Reuters, Thomson Locations: Lusby , Maryland, Rights LAUNCESTON, Australia, Asia, Ukraine, China, Japan, South Korea, Europe, EUROPE, El Nino, Western Australia, Israel, Persian, Qatar, United States

NEW YORK, Oct 9 (Reuters) - Nike released a replica jersey for England goalkeeper Mary Earps on Monday, after facing widespread criticism for not selling the popular Women's World Cup finalist's shirt. Earps was one of the standout stars of the Women's World Cup in Australia and New Zealand this year, earning FIFA's Golden Glove award. She was voted England Women's Player of the Year last month . More than 170,000 people signed a Change.org petition calling on Nike to sell jerseys for Earps and other women goalkeepers. The England men's goalkeeper jersey is available to buy on Nike’s website.

Persons: Mary Earps, Earps, ” Earps, “, Katherine Masters, Amy Tennery, Lincoln Organizations: Nike, England, England Football Association’s, Reuters, Federation, U.S ., Sports, Thomson Locations: Australia, New Zealand, Spain, U.S, France, Netherlands, England

On Saturday, Hamas gunmen from the Gaza Strip rampaged through parts of southern Israel, in the deadliest Palestinian militant attack in Israel's history. Israel's embassy in Washington said on Tuesday the death toll from the weekend Hamas attacks had surpassed 1,000. Biden called the Hamas attacks "an act of sheer evil" and said Washington was rushing additional military assistance to Israel, including ammunition and interceptors to replenish the Iron Dome aerial defense system. They were the first senior Hamas members killed since Israel began pounding the enclave. U.N. High Commissioner for Human Rights Volker Turk, who denounced the Hamas attacks, said: "International humanitarian law is clear: the obligation to take constant care to spare the civilian population and civilian objects remains applicable throughout the attacks."

Persons: Kan, Joe Biden, —, Yoav Gallant, Israel, Biden, ", Washington, Antony Blinken, Matthew Miller, Benjamin Netanyahu's, Ammar Awad, Netanyahu, Benny Gantz, Khan Younis, Sabra, Gaza's Khan Younis, Ala Abu Tair, Abassan Al, Jawad Abu Shammala, Zakaria Abu Maamar, Abu Shammala, Human Rights Volker Turk, Dan Williams, Emily Rose, Henriette Chacar, Ari Rabinovitch, Nidal, Maayan, Steve Holland, Nandita Bose, Rami Ayyub, Daphne Psaledakis, Simon Lewis, Howard Goller Organizations: Hamas, U.S, Israel, Public, Israeli, White, United, Department, REUTERS, Defence, United Nations, Palestinian Foreign Ministry, Human Rights, West Bank, Thomson Locations: Israel, Gaza, Sabra, JERUSALEM, GAZA, WASHINGTON, Palestinian, Israel's, Washington, Lebanon, United States, Iran, U.S, Ashkelon, Israeli, Daraj Tuffah, Gaza City, Khan, Gaza's, U.N, East Jerusalem, Jerusalem, Kfar Aza, Lincoln

☆ Former U.S. congressman Will Hurd drops out of Republican presidential race
▼ + stars: | 2023-10-09 | by ( Tim Reid | ) www.reuters.com time to read: +2 min

Republican presidential candidate Will Hurd speaks at the Republican Party of Iowa's Lincoln Day Dinner in Des Moines, Iowa, U.S., July 28, 2023. REUTERS/Scott Morgan/File Photo Acquire Licensing RightsOct 9 (Reuters) - Former Texas congressman Will Hurd announced on Monday that he is dropping out of the race for the Republican presidential nomination and is endorsing former South Carolina Governor Nikki Haley to be the party's White House standard bearer. "It is important to recognize the realities of the political landscape and the need to consolidate our party around one person to defeat both Donald Trump and President Biden," Hurd added. Hurd, a former CIA officer, reiterated his argument that Trump is so divisive that he will likely lose a general election next year if he becomes the Republican nominee. "If the Republican party nominates Donald Trump or the various personalities jockeying to imitate his divisive, crass behavior, we will lose," Hurd said.

Persons: Will Hurd, Scott Morgan, Nikki Haley, Hurd, Donald Trump, Joe Biden, Biden, Trump, jockeying, Haley, Ron DeSantis, Tim Reid, Lincoln Organizations: Republican Party of Iowa's, REUTERS, Former, Republican, South Carolina, Democratic, CIA, United Nations, Trump, Thomson Locations: Des Moines , Iowa, U.S, Former Texas, Florida's

The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. Country Garden, which missed two dollar interest payments last month, has two coupons totalling $66.8 million coming due on Monday. Country Garden has $10.96 billion offshore bonds and 42.4 billion yuan ($5.81 billion) worth of loans not denominated in yuan. "Until then, the base case is that China Evergrande Group will be liquidated at the next winding up hearing on October 30, 2023." Shares in Country Garden fell more than 6% on Monday, while Evergrande Group shares tumbled 11%, compared to a 1.9% fall in the Hang Seng Mainland Properties Index (.HSMPI).

Persons: Aly, Cailianshe, Evergrande, Clare Jim, Scott Murdoch, Lincoln Organizations: Shanghai Country Garden, REUTERS, HK, China Evergrande, . Media, Reuters, UBS, China Index Academy, Garden, Evergrande Group, Mainland Properties, Energy Vehicle Group, U.S, Thomson Locations: Shanghai, China, HONG KONG, BEIJING, Beijing, Hang, Hong Kong, Sydney

The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Acquire Licensing RightsSYDNEY, Oct 9 (Reuters) - China Evergrande Group's (3333.HK) offshore bondholder group said on Monday it was surprised by the property developer's recent announcement that its offshore debt restructuring plan failed to meet regulatory requirements. In a statement, the ad hoc bondholder group said it had not been given any documents or filings from Evergrande despite repeated requests. Evergrande announced in late September that Chinese regulators said it would be unable to issue new debt due to an investigation into its main unit, throwing its offshore debt restructure plans into disarray. "Until then, the base case is that China Evergrande Group will be liquidated at the next winding up hearing on October 30, 2023."

Persons: Aly, Evergrande, Scott Murdoch, Clare Jim, Kim Coghill, Lincoln Organizations: China Evergrande Group, REUTERS, Rights, Reuters, China Evergrande, Thomson Locations: China, Shenzhen, Guangdong province, HK, Hong Kong, Sydney

☆ Chinese developer Country Garden faces fresh offshore payments deadline
▼ + stars: | 2023-10-09 | by ( Clare Jim | ) www.reuters.com time to read: +2 min

The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsHONG KONG, Oct 9 (Reuters) - Chinese property developer Country Garden (2007.HK), which missed two dollar interest payments last month, faces another deadline on Monday with two coupons totalling $66.8 million coming due. The market is closely watching whether Country Garden, which owns projects across the country, can manage to dodge default again by making payments at the last minute. But the developer has not yet paid a $15 million coupon due Sept 17 and another $40 million coupon due on Sept 27, both of which have 30-day grace periods. ($1 = 7.2951 Chinese yuan renminbi)Reporting by Clare Jim; Editing by Lincoln Feast.

Persons: Aly, Clare Jim, Lincoln, 私 Organizations: Shanghai Country Garden, REUTERS, HK, UBS, Garden Locations: Shanghai, China, HONG KONG, Beijing

Funds' net short position in two-year futures is now a record 1.278 million contracts. A short position is essentially a wager an asset's price will fall, and a long position is a bet it will rise. STERLING FLIPIn currencies, meanwhile, funds ramped up their broad, net long dollar position by $5.4 billion in the week to $8.45 billion. At around 114,000 contracts, it is now close to July's 118,000, which was the biggest net short position since February 2018. The CFTC data also showed that funds flipped to a net short sterling position for the first time since April.

Persons: STERLING, Jamie McGeever, Lincoln Organizations: Futures Trading Commission, Bank of, Reuters, Thomson Locations: ORLANDO, Florida, Bank of Japan

☆ Remnants of Typhoon Koinu bring floods to Hong Kong
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +2 min

A woman struggles with an umbrella while walking against strong wind, as Typhoon Koinu approaches, in Hong Kong, China October 8, 2023. REUTERS/Tyrone Siu Acquire Licensing RightsHONG KONG, Oct 9 (Reuters) - Hong Kong saw heavy flooding on Monday as the remnants of Typhoon Koinu brought heavy rains and strong gales, with many areas inundated with water just a month after the city was paralysed by record-breaking rainfall. Koinu had weakened into a severe tropical storm but still brought gale-force winds and heavy rain, the city's Observatory said. It is due to reopen in the afternoon as strong winds are expected to ease later in the day. Reporting by Farah Master in Hong Kong and Liz Lee in Beijing; Editing by Stephen Coates and Lincoln Feast.

Persons: Koinu, Tyrone Siu, Typhoon Koinu, Farah Master, Liz Lee, Stephen Coates Organizations: REUTERS, Tyrone, city's, . Schools, RTHK, Express, Services, MTR, China Meteorological Administration, Thomson Locations: Hong Kong, China, HONG KONG, China's, Guangdong, Hong, Taishan, Zhuhai, Hainan, Fujian, Beijing, Lincoln

☆ Ex-chairman of China Everbright Group Li expelled from Communist party and post
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Oct 9 (Reuters) - Former party chief and chairman of China Everbright Group Li Xiaopeng was expelled from the Communist Party and his post for severe violations of discipline and law including bribery, Chinese state broadcaster CCTV reported on Monday. Li is the latest Chinese financial executive found guilty under President Xi Jinping's anti-corruption campaign that has in recent years targeted the country's financial institutions. China's anti-graft body said in April that Li was under investigation for possible law violations. Li's punishment came days after China's ruling Communist Party expelled the former chairman of Bank of China from the party, accusing him of illegal activities and taking bribes. China Everbright Group is one of China's biggest financial conglomerate and owns listed units including China Everbright Bank Ltd (601818.SS), Everbright Securities Co (601788.SS) and China Everbright Ltd (0165.HK).

Persons: Li Xiaopeng, Li, Xi Jinping's, China's, Jacqueline Wong, Lincoln Organizations: China Everbright, Communist Party, Bank of China, China Everbright Bank, Everbright Securities, China Everbright Ltd, HK, Beijing, Thomson Locations: BEIJING, China

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