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  • NEW YORK, Oct 17- As U.S. high school seniors pare down their college wish lists and parents sweat over the bills, a new study by student loan lender Sallie Mae illustrates the gulf between the sticker price of college and the actual cost. While tuition for a four-year private college averages $48,000 a year, according to the College Board, the typical family pays...

  • MANILA, Oct 18- London copper steadied on Thursday, with investors opting for caution after Chinese Premier Le Keqiang said China's economy faces increasing downward pressure amid an ongoing trade war with the United States. The most-traded December copper contract on the Shanghai Futures Exchange gained 0.4 percent to 50,280 yuan a tonne.

  • *Spot gold was up 0.1 percent at $1,223.13 an ounce at 0107 GMT. On Monday, it touched its highest since July 26 at $1,233.26 an ounce. *White House economic advisor Larry Kudlow said on Wednesday that Trump was not demanding a policy change after heaping more criticism on the Fed on Tuesday, when he called rising U.S. interest rates his "biggest threat."

  • SEOUL, Oct 18- South Korea's central bank kept monetary policy steady on Thursday for a seventh straight meeting, as it assessed new signs of softness in the economy and the potential fallout from global trade frictions. The Bank of Korea decided to keep its benchmark seven-day repurchase rate at 1.50 percent, as expected by 14 of 21 economists in a Reuters poll.

  • *U.S. report doesn't label China as currency manipulator. The spectre of rising U.S. dollar yields, which along with global trade tensions were at the centre of last week's global equities rout, kept riskier appetite in check in Asia. Data out earlier in the day showed exports from the world's third-biggest economy dropped for the first time since late 2016, hit by...

  • Oct 17- Facebook Inc has tentatively concluded that spammers looking to make money, and not a nation-state, were behind the largest-ever data theft at the social media company, the Wall Street Journal reported on Wednesday. Facebook said in an email to Reuters that it was cooperating with the Federal Bureau of Investigation on this matter.

  • In a forecast of 2019 policy goals tempered by uncertainty about who would win the congressional elections, McConnell blamed social programs, such as Social Security and Medicare, for the fast-rising national debt. On Nov. 6, Americans will vote for candidates for the Senate and the House of Representatives. Despite their dominance of Congress and the White...

  • Under the contract, U.S.-based Albemarle had to provide as much as 25 percent of its annual production at a discount to companies seeking to produce battery metals within Chile. "Our company maintains the highest standards of corporate governance, so we will face this new scenario with the utmost seriousness and with the same good faith that has guided all of...

  • SINGAPORE, Oct 18- The dollar traded stronger versus its major peers on Thursday after minutes from the U.S. Interest rate futures are now pricing in an 83 percent likelihood that the Fed raises rates in December, according to the CME Group's FedWatch Tool, the fourth hike this year. "The dollar is being bid as there is follow through support post the release of the...

  • Western pressure mounted on Riyadh to provide answers, but comments by President Donald Trump suggested the White House may not take additional action against the Saudis, particularly after Saudi Arabia said it will conduct an investigation. But Saudi Arabia has assured OPEC that it is "committed, capable and willing" to ensure there will be no shortage in the...

  • *Exports to United States, China fall. *Japan firms, policymakers fret about fallout from trade war. TOKYO, Oct 18- Japan's exports fell in September for the first time since 2016 as shipments to the United States and China declined, adding to concerns about the broadening impact of an escalating Sino-U.S. trade war.

  • SYDNEY, Oct 18- U.S. soybean futures inched lower on Thursday as farmers looked set to pick up the pace of harvesting across a key U.S. producing region amid forecasts of dry weather. *The most active soybean futures on the Chicago Board of Trade were down 0.3 percent at $8.83 a bushel by 009 GMT, having firmed 0.1 percent on Wednesday. *Soybeans on Monday hit their...

  • Oct 17- Facebook Inc has tentatively concluded that a recent hack that affected millions of accounts was perpetrated by spammers, and not a nation-state, the Wall Street Journal reported on Wednesday, citing sources. Facebook believes the attackers were spammers masquerading as a digital marketing company, the Journal reported....

  • *Sept TSF 2.21 trln yuan, vs 1.52 trillion yuan in Aug. BEIJING, Oct 17- China's new bank loans rebounded in September after dipping in the two previous months, central bank data showed, but overall credit conditions stayed tight in an economy chilled by an ongoing tariff war with the United States. "We think that officials will soon need to turn to other measures, such...

  • Federal Reserve Today in Washington. 18- Oct Spain Bond Auction 18- Oct Japan 1- year discount bill auction 18- Oct Japan Auction of 20- year government bonds 18- Oct France Index-linked Securities auction 19- Oct Japan 3- month discount bill auction 23- Oct United States Sale of 2- year notes 23- Oct United Kingdom Auction of 0 1/ 8% Index-linked Treasury Gilt...

  • SANTIAGO- Central Bank of Chile holds monetary policy meeting MONDAY, OCTOBER 22 SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the 2018 ISDA Annual Australia Conference, Sydney- 2235 GMT. SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. JAKARTA- Indonesia Central Bank...

  • THURSDAY, OCTOBER 18 MEMPHIS, United States- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy before the Economic Club of Memphis- 1315 GMT. LONDON- Latvian Finance Minister Dana Reizniece-Ozola, Lituanian Finance Minister Migle Tuskiene and Estonian Deputy Secretary-General for Financial...

  • Its gas strategy is moving on two tracks: expanding output of the super-cooled gas in places such as Papua New Guinea and Mozambique, and creating demand for those supplies in China by opening Exxon's first import and storage hub, according to an Exxon manager and people briefed on the company's plans. An Exxon spokesperson declined to provide an executive to...

  • Under the contract, U.S.-based Albemarle must provide as much as 25 percent of its annual production at a discount to companies seeking to produce battery metals within Chile. The state agency said in a statement it would refer the dispute to the Paris- based International Chamber of Commerce. Chile is the world's No. 2 producer of lithium, a key component in the...

  • Oct 17- More than 146,000 homes and businesses in Florida and Georgia were still without power on Wednesday, in the aftermath of Hurricane Michael, local power companies said. In total, more than 3.3 million customers lost power from Florida to New York after Michael struck the Florida Panhandle on Oct. 10 as a Category 4 storm with maximum sustained winds of 155...