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- Deep takes two as Bangladesh totter in reply to India's 376
- Israel pounds Lebanon's Hezbollah after device blasts
- Revolution or mirage? Controversy surrounds new Alzheimer's drugs
- Ashwin's 113 powers India to 376 in Bangladesh Test
- Biden opens home to 'Quad' leaders for farewell summit
- Sally Rooney returns with 30-something questions
- Wallabies sense 'massive' chance to upset All Blacks
- Taiwan questions two in probe into Hezbollah pagers
- Viral Korean Olympic shooter scores first acting role as assassin
- Farrell set for 'challenge' of downing Bordeaux in Top 14
- Springbok Etzebeth diverts attention from looming caps record
- Inter on a high ahead of Milan derby as Napoli face Juve test
- Bank of Japan leaves key interest rate unchanged
- Arnold quits after six years in charge of Australia
- Asian markets track Wall Street record to extend global rally
- Guirassy and Anton to return to Stuttgart with new side Dortmund
- Marseille bidding to continue 'almost perfect' Ligue 1 start
- Arnold quits as coach of Australia men's football team
- Harris and Oprah hold star-studded US election rally
- Allies to remember failed WWII parachute operation
- Perez leading new-look Villarreal charge against leaders Barca
- Man City face Arsenal in Premier League title showdown, Postecoglou under pressure
- Fake celebrity endorsements, snubs plague US presidential race
- Documentary brings Argentine 'death flights' to the big screen
- Strike shows challenge to Boeing 'reset' of labor relations
- World leaders to gather at UN as crises grow and conflicts rage
- How plastic pollution poses challenge for Canada marine conservation
- Scientists track plastic waste in pristine Canada marine park
- South Africa's Buhai grabs LPGA Queen City lead
- Japan inflation firms to 2.8% ahead of BoJ rate decision
- Russia's Kadyrov accuses Musk of 'remotely disabling' his Cybertruck
- Titan sub had to abort a dive days before fatal implosion: testimony
- Ohtani makes MLB history with first 50-homer, 50-steal season
- Ohtani eyes MLB history after surpassing 50 stolen bases, 49 homers
- Ohtani eyes MLB history after surpassing 50 stolen bases
- Barca downed by Monaco as Arsenal held in Champions League stalemate
- Head's 'good night at office' after century seals win over England
- Dubois seeks legitimacy with Joshua scalp
- Rate cut could lift consumer spirits before US elections
- Last-gasp Gimenez strike sends Atletico past Leipzig
- Barca stumble at Monaco after early red card
- Raya heroics save Arsenal in Champions League opener at Atalanta
- Cathay Airbus engine fire linked to cleaning: EU regulator
- Guardians beat Twins to secure MLB playoff berth
- Jihadist attack in Mali capital killed more than 70: security sources
- Alonso hails 'efficient' Leverkusen after Feyenoord rout
- Head's hundred seals Australia win over England in 1st ODI
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- NFL unbeatens meet as Texans visit Vikings, Steelers host Chargers
Most Asian markets up as traders eye Ukraine, Fed eases rate fears
Asian markets mostly rose Thursday as investors assess the situation in Ukraine after the West said Russia had not started withdrawing troops from its border, while minutes from the Federal Reserve's January meeting eased concerns it was set to hike rates sharply.
Meanwhile, oil prices tumbled more than two percent on further signs of a breakthrough in Iran nuclear talks.
Global equities were sent plunging and crude surged after a top US official said Russia could invade imminently, but Moscow appeared to soothe those fears Tuesday by saying it had started withdrawing some soldiers.
The announcement and an apparently more conciliatory tone from the Kremlin provided a much-needed lift to markets.
However, while the general mood on trading floors was upbeat that tensions had eased, Washington dismissed the Russian claims and accused it of sending more soldiers, adding that there were "indications they could launch a false pretext at any moment to justify an invasion".
That came after NATO joined Ukraine in saying there was no sign of any retreat, while chief Jens Stoltenberg said tensions in the east with Russia were "the new normal in Europe".
The geopolitical uncertainty jolted US markets Wednesday, though they enjoyed a late rally from intraday lows after the Fed minutes provided no surprises.
The release had been keenly awaited as the bank tries to walk a fine line of reining in four-decade-high inflation while not knocking the healthy economic recovery off track.
Expectations are for officials to hike interest rates in March and then several times again before the end of the year, but there has been much debate about how much its initial move will be and how many more there will be.
It has also said it will start to offload the bonds it has on its balance sheet, which are also helping to keep borrowing costs down.
Some have warned of a 50-basis-point hike at first -- twice what it usually announced -- and as many as six or seven more before January.
"The Fed's Minutes showed interest rate hikes are coming and that they are readying for a significant reduction in the size of the balance sheet," said OANDA's Edward Moya.
"Investors that were worried that the Fed would be pressured to begin the balance sheet runoff fairly soon could breathe a sigh of relief.
"The Fed sees inflation pressures broadening deep into the year but they would not be rushed into making any decisions at a faster tightening pace."
National Australia Bank's Ray Attrill added that the minutes did not "appear to give an obvious succour to the idea of the Fed kicking off the tightening cycle with a 50-point move".
And Minneapolis Fed boss Neel Kashkari said aggressive rate hikes would risk a recession, adding the bank should "not overdo it".
In early trade, Hong Kong, Shanghai, Sydney, Seoul, Wellington, Taipei and Manila all rose, though Tokyo and Jakarta dipped.
On oil markets both main contracts tanked on growing hopes that talks on the Iran nuclear deal could soon bear fruit.
Tehran's top negotiator Ali Bagheri Kani said an agreement was "closer than ever" and while US and French officials were a little more circumspect, the comments raised the possibility that Iranian crude could return to the market soon.
"Positive developments in the US-Iran nuclear negotiations are helping to calm oil prices," Claudio Galimberti of Rystad Energy said.
"Although not a done deal yet, prices are sliding on news of progress and broad consensus in the talks as it could ultimately see up to 900,000 barrels a day of crude added to the market by December this year."
The developments offset uncertainty over the Russia-Ukraine crisis, which had helped propel prices towards $100 for the first time in more than seven years, and comes as demand continues to improve as the world economy reopens.
Data showed US stockpiles at their lowest since 2018.
- Key figures around 0240 GMT -
Tokyo - Nikkei 225: DOWN 0.2 percent at 27,395.85 (break)
Hong Kong - Hang Seng Index: UP 0.3 percent at 24,783.36
Shanghai - Composite: UP 0.1 percent at 3,470.23
West Texas Intermediate: DOWN 2.3 percent at $91.50 per barrel
Brent North Sea crude: DOWN 2.1 percent at $92.78 per barrel
Euro/dollar: UP at $1.1381 from $1.1377 late Wednesday
Pound/dollar: UP at $1.3589 from $1.3584
Euro/pound: UP at 83.75 pence from 83.72 pence
Dollar/yen: UP at 115.49 yen from 115.46 yen
New York - Dow: DOWN 0.2 percent at 34,934.27 (close)
London - FTSE 100: DOWN less than 0.1 percent at 7,603.78 (close)
O.Krause--BTB