EMERGING MARKETS-Strong dollar pressures Latam FX, Brazil stocks lower

Latin American currencies weakened on Friday, in line with emerging market peers elsewhere, as the dollar strengthened after the U.S. Federal Reserve stayed on its tightening course and looked set to raise interest rates in December. The Mexican peso fell 0.6 percent to a more than one week low, while Brazil's real was steady in volatile trade. The steady move higher in the official rate of return for holding U.S. dollars has sucked money out of high-yielding bets

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Indian, Australian warships arrive in China for naval parade

Warships from India, Australia and several other nations arrived in the eastern Chinese port city of Qingdao on Sunday to attend a naval parade, part of a goodwill visit as China extends the hand of friendship despite regional tensions and suspicions.

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