Stocks Drop on Rate Worries; Asia Resilient Though Geopolitics Weigh

• Wall Street sell-off on Thursday due to Fed official's comments that rates may not be cut this year • Asian stocks resilient lately despite lagging other major indices this year • Geopolitics weighing on stocks and supporting bonds, Biden threatens to change Israel policy • Key Asia economic events today India, Thailand, Philippines inflation data; RBI policy meeting • Yellen in China to discuss trade tensions; Chinese yuan exchange rate still closely watched