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  • LONDON/ BEIJING/ NEW YORK, Oct 23- Euro zone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster, but U.S. manufacturing activity sputtered to its slowest since July, underscoring the uneven nature of the post-crisis global economy. The improvement in purchasing managers' surveys in Europe...

  • India picks up pace on economic overhaul Thursday, 23 Oct 2014 | 2:18 AM ET

    NEW DELHI— After months of criticism for not moving aggressively enough on promises of an economic overhaul, India's new prime minister has announced a string of policies designed to kick-start Asia's third-largest economy. Over the past week, Prime Minister Narendra Modi has unveiled an overhaul of India's archaic labor laws, freed diesel prices from state...

  • BEIJING, Oct 23- China's vast factory sector grew a shade faster in October as firms drew more foreign and domestic orders, a private survey showed on Thursday, though analysts said the figure does not point to a fourth-quarter turnaround for the cooling economy. The flash HSBC/ Markit manufacturing purchasing managers' index edged up to a three-month high of...

  • Brazil race hinges on appeal to lower middle class Thursday, 23 Oct 2014 | 12:02 AM ET

    In one corner, owner Lucia Helena Silva was loudly arguing for President Dilma Rousseff and her Workers' Party, waving a hot straightening iron. A customer, primping her carefully coiffed hair, was having none of it, insisting that center-right opposition candidate Aecio Neves would revitalize Brazil's pallid economy. The tightest and most unpredictable...

  • Japan's Nikkei share average fell 0.5 percent while MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.2 percent. The flash HSBC/ Markit manufacturing purchasing managers' index edged up to a three-month high of 50.4 from a final reading of 50.2 in September, and just a hair's breadth from the 50.3 reading forecast by analysts.

  • *China, HK fees account for 55 pct of AsiaPac region in 2014. HONG KONG, Oct 23- Private firms have overtaken state-owned companies this year for the first time as the biggest drivers of investment banking revenues in China- a sign of how Beijing's reforms are transforming private capital's role in the world's second-largest economy. Private firms are also...

  • Asia needs policy coordination amid slower growth Wednesday, 22 Oct 2014 | 7:50 AM ET

    BEIJING— Asia-Pacific economies need to recalibrate financial policies in the face of slowing global growth, U.S. Countries in the region are looking to boost financing for the construction of roads, bridges and other necessary infrastructure and will submit proposals to do so to the summit, to be held in Beijing. Emphasizing the importance of infrastructure...

  • APEC finance ministers meeting in Beijing Tuesday, 21 Oct 2014 | 10:44 PM ET

    BEIJING— Asia Pacific finance ministers are meeting Wednesday in Beijing to consider coordinated responses amid concerns over a slowdown in the regional economy highlighted by lower Chinese growth figures. Wednesday's meeting is being chaired by China's finance minister Lou Jiwei and comes weeks ahead of APEC's leadership summit in Beijing.

  • BEIJING, Oct 22- China's central bank is likely hold its line against an interest rate cut even as growth slows to a quarter-century trough, as the politics of reform influence the conduct of monetary policy, government sources involved in internal policy discussions say. The People's Bank of China faces growing pressure to cut interest rates to support growth,...

  • SHANGHAI, Oct 21- China shares fell on Tuesday, with pharmaceutical and property sectors hit by profit-taking and weak economic data, but losses were capped by optimism the government will roll out more policies to support the slowing economy. Shenzhen Neptunus Bioengineering Co Ltd slumped 4.9 percent and Da An Gene Co Ltd 5.6 percent. China Merchants...

  • BEIJING, Oct 21- China grew at its slowest pace since the global financial crisis in the September quarter and risks missing its official target for the first time in 15 years, adding to concerns the world's second-largest economy is becoming a drag on global growth. China's gross domestic product grew 7.3 percent in the third quarter from a year earlier,...

  • China shares slip on GDP data; Hong Kong edges lower Tuesday, 21 Oct 2014 | 1:08 AM ET

    SHANGHAI, Oct 21- China shares eased on Tuesday, with pharmaceutical and property sectors hit by profit-taking and weak economic data, but losses were limited on optimism the government will roll out more policies to help industry amid a slowing economy. "In China, the economic environment is not the only factor driving the market. Other issues, such as government...

  • China economy grows at slowest pace in 5 years Tuesday, 21 Oct 2014 | 12:06 AM ET

    BEIJING— China's economic growth waned to a five-year low of 7.3 percent last quarter, raising concerns of a spillover effect on the global economy but falling roughly in line with Chinese leaders' plans for a controlled slowdown. The third-quarter figures, released Tuesday, put China on course for annual growth somewhat lower than the 7.5 percent targeted by...

  • SYDNEY, Oct 21- London copper edged up on Tuesday as hopes grew of more stimulus measures from China after the top consumer of the metal reported a slowing of third-quarter economic growth to its weakest since the 2008/ 09 global financial crisis. "The data looks in line with our central case, which is continued moderation in China's growth outlook, but still on an...

  • BEIJING, Oct 21- China's economic growth slowed in the third quarter to its weakest since the 2008/ 09 global financial crisis as a slumping property market dragged on manufacturing and investment, adding to concerns about flagging global growth. The weaker gross domestic product figure fed speculation that China will miss its official full-year growth...

  • China says its economic growth still reasonable Monday, 20 Oct 2014 | 10:36 PM ET

    BEIJING, Oct 21- China's economic slowdown in the third quarter was due to structural reforms in the nation, a sagging housing market and higher comparison figures from a year ago, the statistics agency said, but noted that growth stayed in a "reasonable range". Sheng Laiyun, spokesman of the National Bureau of Statistics, also said consumption contributed to 48.5...

  • BEIJING, Oct 21- China's economic growth cooled to 7.3 percent between July and September from a year earlier, the weakest expansion since the global financial crisis and reinforcing expectations that Beijing will need to roll out more stimulus to avert a sharper slowdown. A raft of lacklustre and at times alarming economic data in recent months presaged...

  • China economy grows at slowest pace in 5 years Monday, 20 Oct 2014 | 10:09 PM ET

    BEIJING— China's economic growth waned to 7.3 percent last quarter, the lowest rate since early 2009, resuming a slowdown that had been eased by mini-stimulus measures earlier in the year. The International Monetary Fund said in July that China should lower its growth target to no more than 7 percent for next year, but some analysts expect an even deeper decline,...

  • LONDON, Oct 19- Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy. With the Fed set to turn off its money taps at the end of this month, investors appear to have woken up to poor growth prospects in much of the world, something International Monetary Fund chief Christine...

  • India fuel reform puts diesel under market control Sunday, 19 Oct 2014 | 4:29 AM ET

    NEW DELHI— India freed diesel prices from government control Sunday while raising natural gas tariffs in the biggest-yet reform by Prime Minister Narendra Modi's government, as it aims to boost the country's economy and overhaul its energy sector. The decision on diesel targets one of India's costliest subsidies for one of the world's dirtiest fuels.