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Analysis-Emerging markets march out of 'valley of tears' as investors diversify

Analysis-Emerging markets march out of 'valley of tears' as investors diversify

By Libby George and Karin Strohecker LONDON, Aug 17 (Reuters) - War, tariffs and AI gyrations have done little to dent the flow of cash into emerging markets, as reforms, deeper local capital markets and diversification away from U.S. assets reshape the asset class.
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Trump orders Pentagon to cut back military exercises with South Korea

Trump orders Pentagon to cut back military exercises with South Korea

By Costas Pitas and David Lawder WASHINGTON, Aug 16 (Reuters) - U.S.
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Shares steady, dollar slips as markets pare Fed rate risks

Shares steady, dollar slips as markets pare Fed rate risks

By Lawrence White LONDON, Aug 17 (Reuters) - Global shares edged higher and the dollar fell to its lowest level since June on Monday after a run of soft U.S. economic data, including an unexpected drop in retail sales, saw markets reduce bets for an imminent rate hike from the Federal Reserve.
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Wells Fargo Seeks Customer Service Representative for Commercial Banking Operations

Wells Fargo Seeks Customer Service Representative for Commercial Banking Operations

Wells Fargo Seeks Customer Service Representative for Commercial Banking Operations
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Heavy Rains Trigger Flash Flood Warnings Across Utah's Burn Scar Areas

Heavy Rains Trigger Flash Flood Warnings Across Utah's Burn Scar Areas

A Flash Flood Warning has been issued for southern and central Utah due to anticipated heavy rainfall from monsoonal moisture. The National Weather Service has cautioned that the excessive runoff could lead to flooding in rivers, creeks, streams, slot canyons, and areas affected by recent wildfires, such as the Cottonwood and Widemouth 2 burn scars. The warning is in effect from Thursday morning through Friday morning, with the possibility of extension. The town of Beaver has already experienced significant flooding, causing damage to homes and infrastructure.
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Philippine defence chief rejects China criticism, calls response a 'squid tactic'

Philippine defence chief rejects China criticism, calls response a 'squid tactic'

MANILA, Aug 15 (Reuters) - Philippine Defense Secretary Gilberto Teodoro rejected on Saturday China's accusation that he has "consistently attacked and smeared" Beijing, branding the remarks as a "classic squid tactic" aimed at avoiding the issues at hand.
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Flood Threat Persists as Whitewater River Evacuations Continue

Flood Threat Persists as Whitewater River Evacuations Continue

The Whitewater River at Brookville, Indiana, crested at just above 25 feet late Thursday, August 13, 2026, reaching moderate flood stage levels (source: Cincinnati.com). Evacuations have been ordered along the river in Hamilton and Dearborn counties near the Ohio-Indiana border due to the ongoing flood threat. A stalled weather front is bringing repeated rounds of heavy rain and thunderstorms to the region, with a flood watch in effect through 11 a.m. Friday, August 14. Duke Energy is working to restore power to thousands of customers after widespread outages, with 11,000 still without power as of Friday morning. The weekend is expected to remain hot and humid, with heat indices potentially reaching 100–104°F (37.8–40°C), before a cold front brings relief early next week.
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Heavy Rain and Flooding Threaten Central Indiana Through Weekend

Heavy Rain and Flooding Threaten Central Indiana Through Weekend

Central Indiana is under a Flood Watch as heavy rain, flooding, and severe storms are expected to persist through the weekend. According to WISH-TV, a complex of rain and thunderstorms is forecasted to bring 1-3 inches of rain overnight on Thursday, with isolated areas potentially receiving higher amounts. This could exacerbate existing flooding concerns, especially as rivers in the region remain elevated. Friday morning will see additional rain and storms, with a trend toward less activity in the afternoon. However, another round of storms is likely Friday night into Saturday morning. Temperatures are expected to rise, with highs reaching around 90°F (32°C) and heat indices climbing into the low 100s°F (37-38°C) by Saturday and Sunday. Scattered rain and storms may linger into early next week. (Source time: 2026-08-13T19:35:35+00:00)
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South Korea's Lee urges talks with North Korea to replace armistice with peace

South Korea's Lee urges talks with North Korea to replace armistice with peace

SEOUL, Aug 15 (Reuters) - South Korean President Lee Jae Myung called on Saturday for talks with North Korea to pursue peaceful coexistence, saying Seoul would seek safeguards to prevent conflict and noting the need to replace the peninsula's armistice with a "peace regime".
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Explainer-Why is North Korea ramping up criticism of Japan?

Explainer-Why is North Korea ramping up criticism of Japan?

By Kyu-seok Shim SEOUL, Aug 14 (Reuters) - North Korea has stepped up a campaign of rhetoric against Japan's military buildup and its security ties with the United States and South Korea, saying they threaten regional stability. 
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Fast-growing chicken chain closes 207 restaurants, cuts expansion

Fast-growing chicken chain closes 207 restaurants, cuts expansion

A restaurant giant that built a global footprint rapidly by opening new locations worldwide is now pulling back on its expansion plans as weaker results and higher costs pressure its business. The company closed more than 200 stores during the first half of 2026 and has lowered its target for new ...