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Oct 10 (Stats Perform) – Results from the NCAAF games on Thursday (home team in CAPS) KENNESAW STATE 35 Louisiana Tech 7 TULANE 26 East Carolina 19 Jacksonville State 29 SAM HOUSTON 27 Southern Miss 38 GEORGIA SOUTHERN 35

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MUMBAI, Oct 10 (Reuters) – The Reserve Bank of India likely intervened in both the non-deliverable forwards (NDF) and local spot market to support the rupee on Friday as the South Asian currency was pinned near its all-time low. Two traders told Reuters that the central bank had likely stepped in the NDF market before the local spot market opened at 9 a.m. IST while three other flagged that state-run banks were offering dollars in the local spot market, most likely on behalf of the RBI. The rupee was last at 88.79, just shy of its all-time low of 88.80 hit last week. One trader said that it was unclear whether the central bank was active in the NDF market. Routine interventions near the 88.80 level have dented speculative interest in wagering against the currency. On the day, a broadly stronger dollar hurt the rupee with analysts citing the drag from worries over ongoing U.S. trade tensions and the adverse trade impact of rising gold prices on India. (Reporting by Jaspreet Kalra, Nimesh Vora; Editing by Mrigank Dhaniwala)

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* Yen on course for steepest weekly drop in a year on Takaichi win * Narrowing U.S.-Japan rate gap to underpin yen, for now * Japan's new party head Takaichi says 'pros and cons' to weak yen * Yen falls may speed up if Takaichi appears sanguine on weak yen By Leika Kihara TOKYO, Oct 10 (Reuters) – Japanese authorities may tolerate moderate yen declines but could intervene if the currency sharply depreciates towards 160 to the dollar, said Atsushi Takeuchi, a former central bank official who was involved in Tokyo's market forays a decade ago. The yen was set for its steepest weekly drop in a year on Friday after fiscal and monetary dove Sanae Takaichi's surprise victory in a ruling party race led to receding expectations of a near-term interest rate hike by the Bank of Japan. Takeuchi, who headed the BOJ's foreign exchange division during currency interventions from 2010 to 2012, said the yen could stabilise from a narrowing interest rate gap. The U.S. Federal Reserve is expected to cut interest rates and the BOJ eventually raise rates as it rolls back years of stimulus, which will underpin the yen and prevent a one-sided dive towards 160 per dollar, Takeuchi said. But the yen's fall may accelerate if Takaichi, who is set to become Japan's next premier, gives markets the impression the government would leave such moves unattended, Takeuchi said. "Authorities won't mind as long as the yen's declines are moderate. Their alarm bells will start ringing if market players begin talking about the chance of sharp yen declines toward 160 or 170 per dollar," Takeuchi told Reuters in an interview. "If the yen falls that much, authorities could and must step in. While intervention can't change the broad market trend, it can put a pause to sharp yen declines," he said on Friday. The yen is on pace for a nearly 4% drop in the week, its biggest fall since early October last year, on market bets Takaichi will expand fiscal spending and pressure the BOJ to delay a hike in still-low interest rates. The Japanese currency stood around 153 per dollar on Friday. In a television programme on Thursday, Takaichi said she did not want to trigger excessive yen declines. But she refrained from issuing any warning against a recent fall in the yen, saying there were "pros and cons" to a weak yen. Many market players see 160 yen per dollar as authorities' line-in-the-sand that heightens the chance of currency intervention. In fresh verbal warnings, Finance Minister Katsunobu Kato said on Friday the authorities were monitoring excessive, disorderly exchange-rate moves. While U.S. President Donald Trump likely favours a weak dollar that gives the country's exports a boost, his administration does not seem to be placing attention on the yen's recent falls, Takeuchi said. "But Washington may express its displeasure if yen falls accelerate further," he said. "They might even welcome any currency intervention by Tokyo to combat yen slides." Japan has historically focused on preventing sharp yen rises that hurt its export-reliant economy. But since 2022, its focus has shifted to defending the yen from excessive depreciation, which can fuel inflation and hurt consumer purchasing power. Takeuchi took part in several yen-selling interventions from 2010 to 2012. He is now chief research fellow at Ricoh Institute of Sustainability and Business. (Reporting by Leika Kihara; Editing by Jacqueline Wong)

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* Barr emphasizes inflation risks as he weighs appropriate policy * Williams says he is focused on labor market risks, expects rate cuts * Daly says labor market at a 'worrisome' point need to risk manage it * Divide illustrates coming debate at Fed's October 28-29 policy meeting By Ann Saphir and Michael S. Derby Oct 9 (Reuters) – The influential New York Federal Reserve President John Williams signaled on Thursday he would be comfortable with cutting interest rates again, voicing what appears to be a dominant view at the Fed despite some policymakers' qualms about rising inflation. "The risk of a further slowdown in the labor market is something I'm very focused on," Williams told the New York Times in an interview conducted on Wednesday and published a day later. He also said he felt President Donald Trump's trade tariffs were not putting as much upward pressure on inflation as many observers had expected, and he didn't see signs of any added boost ahead. "I think there are more downside risks to the labor market and employment, and that is something that takes some of the upside risk off of inflation," he said. WORRISOME POINT FOR JOB MARKET San Francisco Fed President Mary Daly, speaking late Thursday in California, largely echoed Williams' view, saying that with inflation having risen less than feared from tariffs, her focus has shifted more to the labor market. "We're to a point now where the softening in the labor market looks like it could be more worrisome if we don't risk-manage it," Daly said. "That interest rate cut we took — and we projected we might take more — those were cuts designed to risk-manage as we move both our inflation goal and our employment goal to a more perfect balance." But at a time when some recent data points to stronger economic growth and consumer spending is buoyed, at least in part, by higher stock market prices, other Fed policymakers say they are worried about cutting rates. In his first speech on monetary policy since June, Fed Governor Michael Barr on Thursday leaned heavily into the risks of inflation, even as he acknowledged the potential vulnerabilities in a "roughly balanced" labor market. "The FOMC should be cautious about adjusting policy so that we can gather further data, update our forecasts, and better assess the balance of risks," Barr said, referring to the central bank's policy-setting Federal Open Market Committee. The Fed's policy committee voted 11-1 last month to cut its policy rate by a quarter of a percentage point to help stave off potential weakness in the labor market. The only dissent, from new Fed Governor Stephen Miran, was in favor of a bigger rate cut. Minutes of the meeting that were released on Wednesday show that the committee may have been more divided than the vote itself indicated, with "a few" participants at last month's session seeing merit in not cutting rates. Still, the majority of the Fed's 19 policymakers felt at least two more quarter-percentage-point reductions would be needed by the end of this year, forecasts showed. Williams endorsed that rate path in his interview with the New York Times, so long as the economy evolves as he expects – with inflation rising to 3% even as underlying inflation excluding tariffs heads lower, and unemployment, now at 4.3%, ticks up. Financial markets also reflect that expectation, with bets in interest-rate futures now pricing about a 95% chance that the Fed will lower its policy rate by a quarter of a percentage point to the 3.75%-4.00% range at its October 28-29 meeting. "The Fed is taking its cue from weak labor data," wrote Evercore ISI Vice Chairman Krishna Guha, noting that the recent stock market rally, fueled by huge expectations for the impact of artificial intelligence, isn't making Fed leaders like Williams rethink the need for easing policy further. Even so, Fed Chair Jerome Powell may need to corral more skeptics to deliver a rate cut later this month. With both upside inflation risks and downside risks to the labor market, the Fed is in a "challenging position" with no risk-free path forward on monetary policy, Barr said on Thursday, explicitly borrowing the way Powell phrased the central bank's current quandary. WORRIES ABOUT INFLATION REMAIN But Barr did not repeat Powell's view that a "reasonable base case" is that tariffs will only deliver a one-time upward thrust on inflation. Instead, while Barr acknowledged such a case is a possibility, he said trade policy poses "some significant risks" to the central bank's goal of keeping inflation low and stable. Barr said he forecasts underlying inflation by the Fed's key measure, the core Personal Consumption Expenditures Price Index, to rise to above 3% by the end of this year, and noted that central bank officials do not expect headline inflation to fall to their 2% goal until the end of 2027. "After the high inflation Americans have endured, two more years would be a long time to wait for a return to our target, and that possibility weighs on my judgment for appropriate monetary policy," he said. Barr isn't alone in worrying about inflation. Kansas City Fed President Jeffrey Schmid, who is a voting member of the FOMC this year, signaled last week that he would be hesitant about further rate cuts; two other Fed presidents who don't vote this year on policy also have argued that cutting rates risks reigniting inflation. A softer labor market could help mitigate inflation risks, Barr said, adding that it's difficult to tell, particularly without official data during the current federal government shutdown, how much demand for labor has actually softened. "We need to be prepared for the possibility that the softening in the labor market will become something worse, especially if there is a further adverse shock to demand," he said, adding that if it does, the Fed "can, and I believe would, act forcefully to stabilize the economy if necessary." (Reporting by Ann Saphir; Editing by Paul Simao and Shri Navaratnam)

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DavoLink Inc: * DAVOLINK: WINS 9 BILLION WON ORDER Source text: Further company coverage:

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Oct 10 (Reuters) – England manager Thomas Tuchel praised Jordan Pickford's composure and adaptability after the goalkeeper set a record with his eighth consecutive clean sheet in his country's 3-0 victory over Wales in a friendly match at Wembley on Thursday. The 31-year-old surpassed the record he had previously shared with England great Gordon Banks to become the first keeper to achieve eight successive shutouts in 90-minute appearances for the England men's team. England stormed to their eighth straight win against Wales, with goals from Morgan Rogers, Ollie Watkins and Bukayo Saka effectively ending the contest within 20 minutes. Tuchel, who took charge of England in January, commended Pickford's ability to remain sharp after being largely untested for long stretches of the game. "It's not easy to stay focused in a dominant first half like that. Have basically nothing to do," Tuchel said. "And then suddenly, I think in the 42nd minute, there's situation where it always can be dangerous. And second half, he had a very difficult save to close his legs very fast. "He's a fantastic shot stopper. There is no doubt about it. Today there was a challenge for him because they pressed us high. And we want to escape the pressing. We want to have the chance to escape the pressing, also with short passes, and not only with long shots from him. So, he did very well. "He kept his composure. He kept calm. This is basically what we demand of him. He stayed calm, kept his focus." The German also praised Pickford's ability to adapt to his tactical demands. "It's like, always a team effort, and I think he's happy to share this with at least the defenders in front of him. But with a defensive approach that we make it the least saves possible from him, but he's doing good," Tuchel added. "Well done, congratulations. Fantastic achievement." (Reporting by Martyn Herman; Writing by Pearl Josephine Nazare in Bengaluru; Editing by Christian Schmollinger)

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(Adds more Kato comments, context) By Makiko Yamazaki TOKYO, Oct 10 (Reuters) – Japanese Finance Minister Katsunobu Kato said on Friday that the government was concerned about excessive volatility in the foreign exchange market as the yen came under pressure due to fiscal concerns. "We have been recently seeing one-sided, rapid moves on the foreign exchange market," he said, signaling concerns over the yen's sharp downturn since the election of fiscal dove Sanae Takaichi as the ruling party's new leader on Saturday. The Japanese yen is on pace for a near 4% drop over the week, its biggest decline since early October last year, as investors fret about Takaichi's more fiscally expansive policy stance and fast-receding chances of a near-term rate hike. "As I have stated before, what's important is that exchange rates move in a stable manner, reflecting economic fundamentals," Kato said at a regular news conference. "The government will thoroughly monitor for excessive fluctuations and disorderly movements in the forex market." Speaking generally about the impact of exchange rate moves in the Japanese economy, there are both positive and negative effects that manifest through various channels, Kato said. "The extent and nature of these effects vary depending on the domestic and global economic environment at the time," he added. On Thursday, Takaichi said in a television interview that she wouldn't want to trigger excessive yen declines. "But in general, there are pros and cons to a weak yen," Takaichi said. While a weak yen serves as a buffer for manufacturers hit by higher U.S. tariffs, it hurts households by pushing up the cost of raw material imports, she said. (Reporting by Makiko Yamazaki; Editing by Muralikumar Anantharaman and Sam Holmes)

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Oct 10 (Stats Perform) – Results from the NCAAF games on Thursday (home team in CAPS) KENNESAW STATE 35 Louisiana Tech 7 TULANE 26 East Carolina 19

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By Junko Fujita TOKYO, Oct 10 (Reuters) – Japan's Nikkei share average fell on Friday as investors booked profits ahead of a three-day weekend from the fast-paced rally, while Uniqlo brand owner Fast Retailing jumped after posting a record profit. As of 0221 GMT, the Nikkei was down 0.9% at 48,117.92. The broader Topix slipped 1.62% to 3,205.05. "It was natural that investors wanted to book profits after the sharp rally," said Shuutarou Yasuda, a market analyst at Tokai Tokyo Intelligence Laboratory. The Nikkei surged 5% so far this week, after Sanae Takaichi was placed on course to become the next prime minister, boosting expectations of renewed fiscal stimulus and loose monetary policy. "But worries that whether Takaichi can successfully secure coalition partners are growing. The stocks rose on expectations of Takaichi's fiscal spending, but if the Liberal Democratic Party (LDP) can not form a solid coalition, Takaichi's plans may not go ahead," Yasuda said. Technology investor SoftBank Group lost 3.74% to become the biggest drag on the Nikkei. Chip-related shares fell, with Advantest and Tokyo Electron slipping 2% and 1.5%, respectively. The Nikkei rose by around 6,000 points from the low on September 3 to the previous session. Of which, 70% of the gains came from the rally of those three firms, said Kazuaki Shimada, chief strategist at IwaiCosmo Securities. Fast Retailing jumped 6.3% to become the biggest support for the Nikkei, after it posted a record high profit for the year ended August, and forecast a fifth-straight year of record profit in fiscal 2026 on its aggressive expansion in North America and Europe. All but one of the Tokyo Stock Exchange's 33 industry sub-indexes fell, with the brokerage index losing 3.8% to become the worst performer. The retail sector edged up 0.59%. (Reporting by Junko Fujita; Editing by Rashmi Aich)

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(Adds details of warnings for other countries paragraphs 4-6 quote from official paragraph 7-8, background) * Tsunami warnings for Philippines, Indonesia * Philippines warns people in some coastal areas to seek high ground * Philippine provincial governor says some reports of damage By Mikhail Flores MANILA, Oct 10 (Reuters) – An earthquake of magnitude 7.6 struck offshore in the southern Philippines on Friday, the country's seismology agency said, with tsunami warnings issued in several countries and people in nearby coastal areas urged to evacuate to higher ground. The Phivolcs agency warned of damage and aftershocks from the strong offshore quake, which struck in waters off Manay town in Davao Oriental in the Mindanao region. It said the quake happened at a depth of 10 km (6 miles). The agency called on people in coastal towns in the central and southern Philippines to immediately evacuate to higher ground or move further inland, saying wave heights of up to more than one metre above normal tides could be expected. A tsunami warning was also issued in Indonesia for its northern Sulawesi and Papua regions, warning of waves as high as 50 cm hitting Indonesia's shorelines. The U.S. Tsunami Warning System issued a tsunami threat, saying hazardous tsunami waves are possible for coasts located within 300 km (186 miles) of the earthquake's epicenter. The Pacific Tsunami Warning Center said waves of 1 to 3 metres above tide level were possible in the Philippines, and also said some coasts in Indonesia and Palau could see waves of up to 1 metre. The governor of the southern Philippine province of Davao Oriental said people panicked when the earthquake struck. "Some buildings were reported to have been damaged," Edwin Jubahib told broadcaster DZMM. "It was very strong." Local authorities in the affected region in the Philippines could not immediately be reached. The strong quake came two weeks after the Philippines experienced its deadliest quake in more than a decade, with 72 people killed on the island of Cebu. That was a magnitude of 6.9 and also struck offshore. The Philippines sits on the Pacific "Ring of Fire" and experiences more than 800 quakes each year. The European-Mediterranean Seismological Centre put the quake's magnitude at 7.4 and its depth at 58 km (36 miles). (Reporting by Mikhail Flores in Manila and Ananya Palyekar in Bengaluru; Writing by Martin Petty; Editing by John Mair)

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