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UAE CENTRAL BANK, TURKEY CENTRAL BANK SIGN A BILATERAL CURRENCY SWAP AGREEMENT – UAE C.BANK STATEMENT

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Oct 2 (Reuters) – Jpmorgan Chase & Co's Short Position In H-Shares Of Jiangsu Hengrui Pharmaceuticals: * INCREASES TO 4.16% ON SEPT 26 FROM 3.62% – HKEX Further company coverage:

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Oct 2 (Reuters) – Caravel Minerals Ltd: * SECURES DRAFT ACCESS OFFER FROM WESTERN POWER * OFFER TO CONNECT CARAVEL COPPER PROJECT TO WESTERN AUSTRALIAN SOUTHWEST INTERCONNECTED SYSTEM ELECTRICAL GRID Further company coverage:

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Voronoi Inc: * VORONOI: TO DIVEST 36 BILLION WON WORTH OF OWN SHARES Source text: Further company coverage:

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(Adds minister quote in paragraph 4, details) BAGHDAD, Oct 2 (Reuters) – Iraq has activated a contract with BP to develop Kirkuk oilfields, targeting preliminary production of 328,000 barrels per day, the country's oil minister said on Thursday. The agreement, originally signed earlier this year, involves BP working alongside Iraq’s state-run North Oil Company (NOC) and North Gas Company (NGC) to rehabilitate and expand production at the Baba and Avana domes of the Kirkuk field, as well as the Jambour, Bai Hassan, and Khabbaz fields. The contract sets an initial production target of 328,000 barrels per day, with further increases expected through field development, Iraq's oil minister Hayan Abdel-Ghani said in a statement. "Setting the initial production rate at 328,000 barrels per day marks the launch of the contract, and any increase beyond that will come through development operations," he said. BP is expected to spend up to $25 billion over the lifetime of the project, a senior Iraqi oil official told Reuters in February. The energy major was a member of the consortium of oil companies that discovered oil in Kirkuk in the 1920s. BP has estimated that the Kirkuk field holds about 9 billion barrels of recoverable oil. The company holds a 50% stake in a joint venture operating the giant Rumaila oilfield in the south of the country, where it has been operating for a century. (Reporting by Tala Ramadan and Ahmed Rasheed; Editing by Michael Georgy and Tomasz Janowski)

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SINGAPORE, Oct 2 (Reuters) – Onshore fuel oil stockpiles in Singapore rebounded after three weeks of drawdown, official data showed on Thursday, led by higher arbitrage imports. Inventories for residual fuels climbed to 24.56 million barrels (about 3.87 million metric tons) in the week to October 1, up 7.7% from the previous week, Enterprise Singapore data showed. Fuel oil imports exceeded 1.1 million tons, up 56% week-on-week. Brazil, Russia and Nigeria were the top supply origins for the week. Exports also climbed, breaching 540,000 tons, up 63% week-on-week. China continued to be the top destination for the outflows, as with last week. Asia received heavy supplies in September, which are likely to add to the inventories in October, industry sources said. According to LSEG Oil Research, September fuel oil arrivals in East Asia totalled near 6 million tons, edging higher month-on-month, led by an uptick in western arbitrage arrivals as well as Middle Eastern volumes. Spot differentials for fuel oil have inched higher in recent sessions, though the front-month market structure for 0.5% low-sulphur fuel oil remained in contango, indicative of ample prompt supply. Week to Oct. 1, Fuel oil (in Total Total Net metric tons) Imports Exports Imports BAHRAIN 38,274 0 38,274 BANGLADESH 0 30,063 -30,063 BRAZIL 203,438 0 203,438 CHINA 0 270,347 -270,347 FRANCE 84,029 0 84,029 INDIA 20 92 -72 INDONESIA 66,501 0 66,501 ITALY 66,051 0 66,051 JAPAN 21,274 0 21,274 KOREA 21,985 97,280 -75,294 MALAYSIA 168,088 119,481 48,608 NETHERLANDS 33,576 0 33,576 NIGERIA 112,334 0 112,334 PAKISTAN 50,861 0 50,861 RUSSIA 175,121 0 175,121 SAUDI ARABIA 2,964 0 2,964 TAIWAN 50,872 0 50,872 UNITED ARAB EMIRATES 72,681 0 72,681 UNITED STATES 0 25,025 -25,025 TOTAL 1,168,069 542,287 625,782 (Data from Enterprise Singapore) (Reporting by Jeslyn Lerh; Editing by Louise Heavens)

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LONDON, Oct 2 (Reuters) – British businesses have the weakest hiring intentions since 2020 and expect the fastest consumer price inflation since early 2024, according to a Bank of England survey on Thursday which highlights the challenges facing the central bank. The Decision Maker Panel survey showed that businesses in the three months to September expected to keep employment steady over the next 12 months, the first time since the three months to November 2020 that they had not expected to increase staffing. More volatile single-month data showed expectations for a 0.5% rise over the next 12 months after a 0.5% drop in August. Businesses polled in September expect consumer price inflation to rise by 3.5% over the next 12 months, the fastest increase since December 2023. Three-month average expectations show an expected rise of 3.4%, the most since February 2024. (Reporting by David Milliken; editing by Sarah Young)

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FRANKFURT, Oct 2 (Reuters) – DeepL, a Germany-based developer of artificial intelligence-based translation, is considering an initial public offering in the United States, Bloomberg News reported on Thursday citing people familiar with the matter. The Cologne-based startup company did not immediately respond to a request for comment. DeepL has held preliminary discussions with potential advisers on a U.S. listing as soon as next year, Bloomberg said, also citing some of its sources as saying that it could seek a valuation of as much as $5 billion. The startup company said in May last year that it was valued at $2 billion in a funding round led by investor Index Ventures. DeepL Chief Revenue Officer David Parry-Jones told Reuters in May that the company was seeking to make inroads into the U.S. market because of sizeable growth opportunities and that a it had opened an office there in 2024. He added at the time that the company has more than 200,000 business customers and millions of paying and non-paying daily users. (Reporting by Ludwig Burger, Alexander Huebner and Hakan Ersen, Editing by Friederike Heine)

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* U.S. futures imply 95% chance of October rate cut * Shares in Taiwan, Seoul, Singapore hit record highs * Malaysia stocks highest since January * Currencies trading in a tight range (Updates for afternoon trade) By Rishav Chatterjee Oct 2 (Reuters) – Stocks in South Korea, Taiwan, and Singapore scaled records on Thursday and broader emerging Asia equities hit multi-year highs, fueled by AI-related frenzy and softer U.S. jobs data that stoked bets of another Federal Reserve rate cut this month. The MSCI EM Asia Index climbed as much as 1.8% to its highest level since June 2021, marking a fourth straight day of gains. A broader gauge of equities in Asia excluding Japan hit its highest level since March 2021. "Most markets in Asia remain substantially cheaper than their counterparts in the West. That, plus evolving investor mindset about risk exposures, bodes well for most of the region's stock markets in our view," said analysts at DBS in a note. South Korean chipmakers Samsung Electronics and SK Hynix surged 3.5% and 9.9%, respectively, after they secured a deal to supply memory chips for OpenAI's data centres, highlighting how the global race for computing power is fuelling semiconductor demand. In Taiwan, the benchmark jumped 2% to a fresh record, with chipmaker TSMC leading the rally on a 3% gain. Seoul’s KOSPI advanced 3.2% to a new high, supported by September exports that rose at their fastest pace in 14 months. Optimism spilled over to other markets in the region. Singapore’s benchmark gained 1.9% to a fresh high, with underlying strength in big banks boosting DBS shares by 2.7%. Malaysia and Indonesia added 0.9% and 0.4%. The former traded at its highest since early January. Emerging Asian currencies, however, remained range-bound, pressured by the U.S. government shutdown. Traders are pricing in potential Fed rate cuts as U.S. labour market data signalled a slowdown, a dynamic that lifted tech and chip stocks on Wall Street and spilled over into Asia. Futures now imply a 95% chance of a Fed rate cut in October, up from 90% a day earlier, with a 75% probability of another move in December.. However, subdued 2026 growth expectations for EM could cap currency gains, even as stronger fiscal balances and policy credibility provide some support, cautioned Phoenix Kalen, managing director and global head of emerging markets research at Societe Generale. Softer EM growth, she noted, contrasts with a brighter U.S. outlook, limiting the "pull" factors for EM FX while leaving room for strength on the rates side. The U.S. dollar regained some footing. The South Korean won, the Thai baht and the Philippine peso were flat. The Taiwan dollar rose 0.2%. HIGHLIGHTS ** Indonesian 10-year benchmark flat at 6.321% ** POLL-Investors broadly bullish on Asian currencies; rupiah, rupee most shorted ** China and India markets closed for public holidays Asia stock indexes and currencies at 0703 GMT Japan -0.09 +6.79 0.87 14.32 China India -3.47 5.04 — — Indonesi -0.06 -3.13 0.43 14.10 a Malaysia +0.02 +6.28 0.86 -0.46 Philippi -0.06 -0.14 0.23 -7.49 nes S.Korea Singapor -0.02 +6.01 1.73 16.11 e Taiwan +0.16 +7.83 1.52 14.51 Thailand -0.06 +5.73 1.30 -7.76 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Subhranshu Sahu and Janane Venkatraman)

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Oct 2 (Reuters) – DEUTSCHE BANK AG: * ACQUIRES HAMBURG COMMERCIAL BANK’S AVIATION FINANCE PORTFOLIO * THE PORTFOLIO COMPRISES EXCLUSIVELY PERFORMING LOANS TOTALING AROUND 450 MILLION US DOLLARS * TRANSACTION IS EXPECTED TO CLOSE AT END OF OCTOBER Source text: Further company coverage: (Gdansk Newsroom)

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