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  • *China factory activity at almost 6-1/ 2- year low. NEW YORK, Aug 21- World stock markets fell sharply on Friday, heading for their worst week of the year, and commodities swung lower as more data pointed to slower growth in China and sent investors scurrying to the safety of bonds and gold. "The Fed is in an extremely awk6ward situation right now," Robbert van Batenburg,...

  • US STOCKS-Wall Street slumps more than 2 percent Friday, 21 Aug 2015 | 1:31 PM ET

    *Energy stock hit as U.S. crude falls below $40/ barrel. Aug 21- U.S. stocks slumped more than 2 percent in early afternoon trading on Friday, with the S&P trading below 2000 and the Dow about 150 points shy of moving into correction territory, as fears of a China- led global slowdown were heightened after grim data overnight. The selloff was broad based, with all 10 major...

  • *China's stock market slumps on weak factory activity. NEW YORK, Aug 21- U.S. crude oil prices on Friday dove below $40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years after a further rise in drilling rigs and a drop in Chinese manufacturing. "The market is stuck in a relentless downtrend," said Robin...

  • US STOCKS SNAPSHOT-Wall Street falls more than 2 pct Friday, 21 Aug 2015 | 1:18 PM ET

    At 1:13 p.m. ET, the Dow was down 353.6 points, or 2.08 percent, at 16,637.09, while the S&P 500 was down 42.55 points, or 2.09 percent, at 1,993.18 and the Nasdaq Composite index was down 109.32 points, or 2.24 percent, at 4,768.17.

  • *73 pct Dow, 67 pct S&P stocks in correction territory. *All 10 S&P sectors down; 8 in the red for the year. Aug 21- U.S. stocks slumped more than 1.5 percent on Friday, with the S&P briefly falling below 2000 and the Dow about 200 points shy of moving into correction territory, as fears of a China- led global slowdown were heightened after grim data overnight.

  • BRENT CRUDE FUTURES DROP $1.44 TO $45.18/ BBL, LOWEST SINCE MARCH 2009.

  • CRUDE FUTURES EXTEND LOSSES, DROP BELOW $40/ BBL FOR FIRST TIME SINCE 2009.

  • *North Korea demands South halt broadcasts by 5 p.m. Saturday. SEOUL, Aug 21- North Korea put its troops on a war footing on Friday as South Korea rejected an ultimatum to stop propaganda broadcasts or face military action, prompting China to voice concern and urge both sides to step back. South Korean Vice Defence Minister Baek Seung- joo said his government...

  • UNITED NATIONS, Aug 21- United Nations Secretary-General Ban Ki- moon appealed on Friday for North Korea and South Korea not to take any action that could further escalate tensions after Seoul refused to halt propaganda broadcasts and Pyongyang put its troops on a war footing. The countries appeared headed toward another clash after South Korea rejected an...

  • *FTSEurofirst 300 has worst 1- day fall since Nov 2011. LONDON, Aug 21- European shares suffered their worst one-day fall in nearly four years on Friday as growing concerns over China's economy hit world markets. The index fell to its lowest level since January and had its worst one-day drop since a 3.44 percent slump in November 2011.

  • BRUSSELS/ BERLIN, Aug 21- The European Commission will publish detailed reports on its negotiations with the United States to forge the world's biggest trade pact, EU trade chief Cecilia Malmstrom said on Friday, responding to criticism that the talks have been shrouded in secrecy. If agreed, the Transatlantic Trade and Investment Partnership would encompass...

  • *Corn also down after rally, Pro Farmer tour yields eyed. Corn was on pace for a modest weekly gain after falling 2 percent last week but soybeans and wheat were poised for a second straight weekly drop. Corn prices softened after consolidating from a rally this week, with traders awaiting Friday's crop estimates from the Pro Farmer newsletter following this...

  • DETROIT, Aug 21- U.S. safety regulators have opened an investigation into air bags on Honda Motor Co's 2008 Accord sedans after 19 complaints of air bags failing to deploy including in a front crash that resulted in an injury, federal officials said on Friday. It appears to be a problem separate from that of combustible air bag inflators made by Takata Corp in Honda...

  • BRUSSELS/ BERLIN, Aug 21- The European Commission will publish detailed reports on its negotiations with the United States to forge the world's biggest trade pact, EU trade chief Cecilia Malmstrom said on Friday, responding to criticism that the talks have been shrouded in secrecy. If agreed, the Transatlantic Trade and Investment Partnership would encompass...

  • *China's stock market slumps on weak factory activity. NEW YORK, Aug 21- U.S. oil prices dived again on Friday, threatening to dip below $40 a barrel for the first time since the financial crisis and notching their longest weekly losing streak since 1986, as a drop in Chinese manufacturing rattled global markets. "The market is stuck in a relentless downtrend," said...

  • *China factory activity sinks to 6-1/ 2- year low. China's factory sector shrank at its fastest rate in almost 6-1/ 2- years in August, a private survey showed, pushing investors who fear China's sagging economy will translate into slower global economic growth to take refuge in gold and bonds. "Uncertainty about China growth is now the main swing factor in markets,"...

  • District Judge Lucy Koh in San Jose, California, rejected the dismissal request by Walt Disney Co and its Lucasfilm and Pixar units, Sony Corp, DreamWorks Animation SKG Inc and 21st Century Fox Inc's Blue Sky Studios. A lawyer for Disney declined to comment, as did DreamWorks spokesman Dan Berger. The animators said the conspiracy originated with Pixar and...

  • EXCLUSIVE-SWISS LAW MAKES PROGRESS ON SOME PARTS OF INVESTIGATION DIFFICULT-SOURCES.

  • COLLABORATION IN FIFA INVESTIGATIONS LESS THAN BEFORE-SOURCES.