ECONOMY & MARKETS

A supervisor inspects as employees make electronic parts at a factory in Suining

China PMI in Surprise Fall to Lowest Point Since 2009

China's big manufacturers ran at their slowest pace in October since early 2009, purchasing managers' data shows, though signs of a bounce-back at smaller firms and a sharp fall in factory-gate prices suggest no swift change to interest rates.
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Economy signals a sluggish rebound

Economy signals a sluggish rebound

The economy gained momentum for a third straight month in August, growing 0.3 percent from September and putting to rest fears of a recession, but not showing enough strength to trigger interest rate hikes
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Top After Market NYSE Movers (MSO, NBR, CP, DDD, CRI, FSL, BORN, MR, SWFT, JLL)

The top after market NYSE gainers on Friday were: Martha Stewart Living Omnimedia, Nabors Industries, Canadian Pacific Railway, 3D Systems and Carter's, Inc. The top after market NYSE Losers were: Freescale Semiconductor, China New Borun, Mindray Medical International, Swift Transportation and Jones Lang LaSalle.
India's Finance Minister Pranab Mukherjee presents the annual budget, telecast on a large display screen on the facade of the Bombay Stock Exchange (BSE) building, in Mumbai July 6, 2009

BSE Sensex Falls 0.4 pct, Maruti Slips

The BSE Sensex fell 0.4 percent on Monday as investors turned cautious after four straight sessions of gains, amid weak sentiment in Asian markets, with automakers among the key losers after Maruti Suzuki posted a sharp fall in quarterly profit.
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Nikkei Drops After Surge on Yen Intervention

The Nikkei average edged lower, giving up sharp morning gains made after Japanese authorities intervened to curb persistent yen strength as investors locked in profits on concerns the yen won't stay down for long.
An online coupon sent via email from Groupon is pictured on a laptop screen in Los Angeles

Investors Should Avoid Groupon IPO: Report

Investors may want to avoid Groupon Inc.'s high-profile IPO this week because the deals and coupon Web site operator has an unproven earnings record and slow growth, according to Barron's newspaper.
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Kenyan stocks jump 2 pct, shilling inches up

Kenyan shares vaulted 2 percent on Friday to their highest in five weeks as foreign investors trooped back to riskier assets in search of bargains, while the shilling firmed slightly.
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Stocks, euro pause as Europe doubts linger

U.S. and European shares took a breather on Friday after a strong rally on a long-awaited euro zone rescue deal, but a weak sale of Italian bonds showed investor confidence in the agreement was shaky.
HP TouchPad

HP’s webOS, Along With 500 Jobs, All But History?

Hewlett-Packard is set to keep its PC division which it had put up for sale, but it may shut down its webOS division, which was obtained for $1.2 billion in April 2010 when the company bought Palm. As webOS goes, 500 jobs are on the chopping block as well.
Klaus Regling, CEO of the European Financial Stability Facility, speaks during a conference in Lisbon about the future of the Euro

Eurozone Bailout Fund Chief Courts China Investment

The head of the European Financial Stability Facility sought to entice China on Saturday to invest in the bailout fund by saying investors may be protected against as much as one-fifth of initial losses.
European Central Bank President Jean-Claude Trichet waves as he leaves a euro zone leaders summit in Brussels

Eurozone Debt 'Crisis Not Over': ECB President Trichet

European Central Bank President Jean-Claude Trichet said in an interview in a German newspaper to be published Sunday that the Eurozone sovereign debt crisis is not yet over and that it is too early for the all-clear signal.
Oil barrels

Oil Falls on Skepticism Over EU Rescue Plan

Oil prices retreated on Friday in choppy trading as uncertainties about Europe's plan to tackle its debt problems prompted some profit taking after the previous session's rally.
People buy groceries in a supermarket in Zimbabwe"s capital Harare

Kenya yr/yr inflation rises to 18.91 pct in Oct

Annual inflation in Kenya rose more than expected to 18.91 percent in October as food, electricity and fuel prices increased along with transport costs, but analysts said it was close to peaking.
A banner showing a Euro coin is seen on the facade of the European Commission headquarters

How to Play it: Riding Europe's Volatility

Even as details emerge about a Eurozone deal that would see banks and insurers accept bigger losses on Greek bonds and boost the region's bailout fund, setting up for what could happen across the Atlantic won't be easy for investors.

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