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  • SINGAPORE, Sept 26- If there was any hope of an early resolution to the reanimated dispute between the United States and Iran, it was extinguished by the testy exchanges between the countries' leaders at the United Nations. But it's also worth noting that the Iranian situation is the latest in a series of disruptions to oil markets, which have largely re-shaped how...

  • *Shoppers choose budget over luxury. DUBAI/ RIYADH, Sept 26- Saudi Arabia's malls and bazaars are changing as retailers embrace a shift in shopping habits brought about by reforms to diversify the economy away from oil. The reforms are part of Crown Prince Mohammed bin Salman's push to wean the economy off oil.

  • Reuters has created a tracker to monitor six indicators to help assess the fortunes of "the City", London's financial district, as Britain prepares to leave the European Union. The "Brexit and the City" tracker, first published on Nov. 20 2017 and then again on March 28 2018, takes the City's pulse by monitoring factors such as jobs and hiring trends as well as public...

  • *Fidelity, UBS AM, J.P.Morgan AM bargain hunt China shares. *China woos foreign capital to mitigate trade war impact. SHANGHAI, Sept 26- The worsening Sino-U.S. trade war has battered China's stocks and currency this year but that hasn't stopped foreign investors rushing into the country's capital markets, which are increasingly opening up despite rising...

  • *FTSE's China inclusion could trigger $15 bln inflows- analyst. ASIFMA represents over 100 global financial institutions, including some of the world's biggest asset managers that use FTSE indexes as benchmarks. Duan Shihua, general manager of Chinese index publisher Shanghai Changer Investment Management Consulting, estimates a FTSE inclusion would...

  • TOKYO, Sept 26- Longer-dated Japanese government bond prices dipped on Wednesday, weighed by weaker U.S. The 40- year yield edged 1 basis point higher to 1.075 percent, its highest since October 2017. The 400 billion yen 40- year JGB auction on Wednesday still managed to draw sufficient investor demand, with the recent gain in the maturity's yield seen to have...

  • *Policy statement due at 2 p.m. EDT. WASHINGTON, Sept 26- With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in U.S. economic growth will prompt the central bank to ramp up the pace of monetary policy tightening. The probability the Fed will raise its benchmark overnight...

  • THOMASVILLE, N.C., Sept 26- In a town where a 30- feet tall chair is the chief landmark, and which is synonymous with a U.S. furniture industry decimated over the years by imports from China, many greet the possibility of tariffs on Chinese goods with a shrug. President Donald Trump is threatening to levy tariffs of up to 25 percent on $500 billion of goods imported from...

  • BEIJING, Sept 26- China's state planner on Wednesday called for further advancement in the country's $3.8 trillion digital economy, saying sectors such as big data and artificial intelligence will become drivers of job creation. "China will promote the digital transformation of traditional sectors, driving more workers to switch jobs and improve the...

  • *Dollar hovers at near 10- week high vs yen. TOKYO, Sept 26- The dollar kept to tight ranges on Wednesday as investors focused their attention on the Federal Reserve's policy review later in the day as global markets fret over an escalating trade row between the United States and China. The U.S. currency slipped against the Australian and New Zealand dollars, which...

  • BANGKOK, Sept 26- Thailand's government on Wednesday said it had sold 100,000 tonnes of rice to China, the first such sale since March. Thailand had previously supplied 500,000 tonnes of rice to China as part of a pledged government-to-government deal for 1 million tonnes of the grain struck in 2015.. "This is also a positive sign that the Chinese market's demand...

  • *Haidilao soars on Hong Kong debut. SHANGHAI, Sept 26- China stocks rose on Wednesday on hopes that global index provider MSCI would consider quadrupling the weighting of Chinese big-caps in its global benchmarks, pushing U.S.- China trade war concerns to the backburner for now. **Chinese H-shares listed in Hong Kong rose 2.25 percent to 11,071.53, while the Hang...

  • Spot gold was up 0.1 percent at $1,201.64, as of 0337 GMT, having moved in a $3 range early Wednesday. U.S. gold futures climbed 0.1 percent to $1,206.0 an ounce. But they could mention that the trade war could impact growth, "National Australia Bank economist John Sharma said.

  • BENGALURU, Sept 26- The Reserve Bank of India is likely to raise interest rates in early October, despite relatively tame inflation, to prop up a retreating rupee, according to a Reuters poll of economists who also trimmed their near-term growth forecasts. In an abrupt change from the last survey conducted two months ago, which predicted rates would stay on hold...

  • The Manila, Philippines- based regional lender said Wednesday that it expects economic growth in Asia to remain at a robust 6.0 percent in 2018 but to slip to 5.8 percent next year. Overly high housing prices also are risks for China, Hong Kong, Malaysia and South Korea, the report said. But it said the bigger threat comes from potential damage to supply chains caused...

  • *Shanghai shares hit 8- week high, up 1.3 pct. TOKYO, Sept 26- Asian shares inched up on Wednesday, as Chinese stocks extended their recovery to hit eight-week highs on receding fears about the trade war as well as hopes China's weighting in the global benchmark will be increased. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.4 percent.

  • Sept 25- The U.S. apartment vacancy rate inched up in the third quarter, real estate research firm Reis Inc said in a report on Tuesday. The national apartment vacancy rate rose to 4.8 percent in the third quarter from 4.7 percent in the second quarter and 4.4 percent a year earlier, with 45 of 79 metros reporting a rise in vacancy, Reis said. "The passing of the Tax Reform...

  • BEIJING, Sept 26- China and the United States can compete but should not view each other with a Cold War mentality and should avoid falling into a zero-sum game trap, the Chinese government's top diplomat said, amid deteriorating ties between the superpowers. Beijing and Washington are locked in an increasingly bitter trade war and are increasingly at odds over...

  • TOKYO, Sept 26- Japan's Nikkei fell on Wednesday morning, snapping a seven-day winning streak as high-yielders such as automakers traded ex-dividend, while chip-related stocks were hit by weakness in their U.S. peers overnight. Analysts said that the market is focused on the outcome of a scheduled summit between Japanese Prime Minister Shinzo Abe and U.S.

  • PUTRAJAYA, Malaysia— The wife of Malaysian former Prime Minister Najib Razak arrived Wednesday at the anti-graft agency for questioning over alleged theft and money laundering involving the 1 MDB state investment fund. Rosmah, 66, is widely reviled for her opulent lifestyle and penchant for expensive jewelry and designer Birkin bags that led to her being...