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Palladium tumbled to five-year lows below $1,000 an ounce, hastening a retreat triggered by expectations of surpluses due to the rapid spread of electric vehicles and automakers choosing cheaper platinum for their autocatalysts.

Equities were mixed in Asia, with gains for tech stocks offset by slumping commodity shares. Wall Street futures pointed slightly lower following gains across the big three indexes overnight, led by a 0.9% rally for the tech-heavy Nasdaq.

China has potential to become a valuable, cooperative, constructivemember of the Asia-Pacific economic community; but it could alsobecome the opposite-a fearsome, aggressive, and militaristic power.How Beijing addresses its differences with Taiwan will be thebellwether of China's future role in Asia.