SoftBank's CEO, Saudi's Prince and a $22 billion test of values

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The State Department has urged a thorough investigation into Khashoggi's disappearance and called on Saudi Arabia to be transparent about the results - advice broadly tracking messages from allies in Europe.

"There needs to be a credible investigation to establish the truth about what happened, and - if relevant - to identify those bearing responsibility for the disappearance of Jamal Khashoggi, and ensure that they are held to account", the countries said in a joint statement.

Saudi Arabia is also reversing their cooling rhetoric on oil prices, warning that the Saudi government will not be hitting its oil production quotas, and will no longer rule out barrels hitting $100 or even higher, in a direct threat to President Trump's current stance on oil prices, who has frequently demanded that OPEC nations including Saudi Arabia do more to suppress currently-rising oil costs across the globe.

"I don't think any of our government officials should be going and pretending it's business as usual until we know what's happened here", said Rubio, R-Fla.

Turkish officials say they fear Saudi agents killed Khashoggi after he entered the Saudi Consulate in Istanbul on October 2.

While an earlier generation of Saudi leaders, like Prince Alwaleed bin Talal, invested billions of dollars in blue-chip companies in the United States, the kingdom's new crown prince, Mohammed bin Salman, has shifted Saudi Arabia's investment attention from Wall Street to Silicon Valley.

Still, he was careful to hedge his language - as he has been largely since Khashoggi vanished after the journalist's visit to the Saudi consulate in Istanbul.

In an interview to be aired Sunday, Trump told CBS' "60 Minutes" that "We're going to get to the bottom of it and there will be severe punishment".

Mohammed bin Salman has carefully nurtured a public image of himself as a, distancing himself from Saudi leaders of the past. He and Trump's son-in-law and senior adviser, Jared Kushner, have forged close ties.

In just two sessions the Saudi bourse, the largest in the Arab world, has shed nearly $50bn of its capitalisation, which now stands at about $450bn, AFP said.

Saudi Arabia has pledged to retaliate economically for any USA punitive action.

"It's being investigated, it's being looked at very, very strongly", Trump said.

Son spoke at the conference last year, and several SoftBank executives were listed as participating this year before conference organizers removed all the names from the program posted online.The company hasn't responded to repeated requests for comment on whether its executives still plan to attend this year's gathering. According to that narrative, the crown prince had approved an interrogation or rendition of Khashoggi back to Saudi Arabia, but the intelligence official was tragically incompetent as he eagerly sought to prove himself.

JP Morgan Chase and Ford did not comment on whether the decision was related to concerns about the disappearance of Khashoggi.

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