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Asia Top News and Analysis China

  • China's Bottoming Out

    Jonathan Garner, Chief Asian & Emerging Market Equity Strategist at Morgan Stanley says that recent positive data shows that China's economy is bottoming out.

  • MEXICO CITY, Nov 1- World finance chiefs this weekend will press the United States on how it can prevent its fiscal problems from hitting the global economy and will seek reassurance from Europe that it has a grip on its debt crisis.

  • Asian Equities have Done Well

    Jonathan Garner, Chief Asian & Emerging Market Equity Strategist, Morgan Stanley says the decision of Asian policy-makers to engage in self-help regarding policy easing has boosted Asian equities.

  • *China factory surveys show country's economy gaining traction. U.S. shares followed China's stock markets higher after official and private China manufacturing surveys for October suggested China's economy is finally regaining traction.

  • *Dow up 0.8 pct, S&P 500 up 0.9 pct, Nasdaq up 1.3 pct. NEW YORK, Nov 1- U.S. stocks rose 1 percent on Thursday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following superstorm Sandy's devastating sweep through the U.S.

  • *Q3 sales $13.98 billion vs forecast of $14.64 billion. Nov 1- Pfizer Inc on Thursday posted quarterly revenue well below Wall Street expectations, as sales of the pharmaceutical company's Prevnar pediatric vaccine disappointed and emerging market revenue dropped sharply.

  • NEW YORK/ BEIJING, Nov 1- Asia's large economies started to pick up steam last month after a year of slower growth, surveys showed on Thursday, while U.S. manufacturing showed modest improvement.

  • *Data on China's factories, U.S. jobs boost global equities U.S. NEW YORK, Nov 1- Global stocks gained on Thursday on an improving U.S. jobs picture and data that showed China's economy regaining some traction, while U.S. crude futures were lifted by the supportive economic news and a drop in crude inventories.

  • *PM, on Nov 3-11 Asian trip, will say Canada open for business. OTTAWA, Nov 1- Prime Minister Stephen Harper will promote Canada as open for business during a Nov. 3-11 trip to Asia, although he is not likely to unveil long-awaited guidelines for foreign takeovers of Canadian firms, an aide said on Thursday.

  • NEW YORK- Huge logistical problems from power failures and navigational hazards roil the massive New York Harbor oil hub in the wake of Hurricane Sandy, threatening widespread delays in fuel deliveries off the New York Mercantile Exchange's futures contracts (STORM-SANDY/CME-DELIVERIES, moving shortly, 800 words).

  • *Q3 sales $13.98 billion vs forecast of $14.64 billion. Nov 1- Pfizer Inc on Thursday posted quarterly revenue well below Wall Street expectations, as sales of the pharmaceutical company's Prevnar pediatric vaccine disappointed and emerging market revenue dropped sharply.

  • Mad Money, November 1, 2012

    Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

  • *China's central bank conducts large net fund injection. U.S. stocks were trading higher and China's stock markets rose after official and private China manufacturing surveys for October suggested China's economy is finally regaining traction.

  • *Dow up 0.9 pct, S&P 500 up 0.9 pct, Nasdaq up 1.2 pct. NEW YORK, Nov 1- U.S. stocks shot higher on Thursday, boosted by bullish job market and consumer confidence data as trading continued to return to normal following storm Sandy's devastating sweep through the U.S.

  • LONDON, Nov 1- Copper rose on Thursday, helped by data that showed a glimmer of renewed vigour in big metals consumer China, other Asian economies and the United States, but gains were tempered by concerns about demand and Europe's grinding debt crisis.

  • *Data on China's factories, U.S. jobs boost equities. NEW YORK, Nov 1- Stocks on major markets rose on Thursday after data showed China's economy regaining some traction and there were signs of improvement in the U.S. labor market, while oil prices slipped on concern about the impact on demand from the storm in the U.S.

  • LONDON, Nov 1- Investors set aside growth worries as European shares clawed back the previous session's losses on Thursday, buoyed by earnings from European companies and better macro economic data in China and the United States.

  • LONDON, Nov 1- Brent crude oil futures fell to around $108.40 a barrel on Thursday as investors assessed the aftermath of super storm Sandy, while U.S. futures gained on the back of larger than expected crude oil stock draws and U.S. manufacturing data.

  • Nov 1- Estée Lauder Cos Inc scaled back the top end of its full-year forecast for sales Thursday amid uncertainty in some key markets, and said it expects poor demand in Europe to persist. While sales growth was strong in the United States and China, Europe was a drag in the last quarter, with France, Spain, Russia and Switzerland showing declines.

  • Commodities Tomorrow: Jobs Data Tomorrow

    CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.