HONG KONG, Aug 28- Hong Kong's benchmark index finished at a two-week low in choppy conditions on Thursday, hurt by continued weakness in the Chinese onshore market and poor corporate earnings. The Hang Seng Index closed down 0.7 percent at 24,741.00 points. China Construction Bank and Industrial and Commercial Bank of China both shed 1.2 percent.» Read More
BEIJING-- China's import growth recovered slightly in September but was weak, suggesting that a recovery for the world's second-largest economy from a painful slump has yet to take hold. The World Bank cut its growth forecast for China this year to 7.7 percent from its May outlook of 8.2 percent.
BEIJING-- China's import growth rose slightly in September but was still weak, suggesting that a recovery from a deep economic downturn has yet to take hold in the world's second-biggest economy. Export growth was a relatively robust 9.9 percent despite economic problems in Europe and the United States.
TOKYO-- Despite making progress on getting its fiscal house in order, the United States still has much work to do, Treasury Secretary Timothy Geithner told fellow financial leaders Saturday.
CHERRY HILL, N.J.-- TD Bank has begun notifying about 260,000 customers from Maine to Florida that the company says may have been affected by a data breach. Still, TD Bank has not ruled out the possibility and is monitoring the situation. TD Bank has eight million customers.
SANTA FE SPRINGS, Calif.-- Authorities say a 62- year-old employee was cooked to death at a Southern California seafood plant for tuna maker Bumble Bee Foods. The Whittier Daily News reports Jose Melena was found shortly before 7 a.m. Thursday at the plant in Santa Fe Springs.
WASHINGTON-- The U.S. budget deficit has topped $1 trillion for a fourth straight year, but a modest improvement in economic growth helped narrow the gap by $207 billion compared with last year. The Treasury Department said Friday the deficit for the 2012 budget year totaled $1.1 trillion.
The money is aimed at improving record-keeping and safety testing of PG&E's gas transmission lines after the Sept. 9, 2010, blast that killed eight people and destroyed 38 homes in the bedroom community.
LAS VEGAS-- Two men who say they're Berkeley, Calif., law school students have been arrested after police say they killed and decapitated an exotic bird that was part of a Las Vegas resort attraction.
DALLAS-- Southwest Airlines is making a 180- degree turn and raising fares on many routes by up to $10 per round trip. But on Friday, Southwest raised fares $2 each way for trips under 501 miles, $3 each way for 501 to 1,000 miles, and $5 each way for longer trips.
DALLAS-- American Airlines says it will modify seats on 49 more planes to prevent rows of seats from coming loose during flight. Crews will add a "secondary locking device" to seats in most of American's Boeing 767 s, spokeswoman Andrea Huguely said Friday. The seats involved are made by Weber Aircraft LLC, which did not immediately return calls for comment.
NEW YORK-- Shares of NPS Pharmaceuticals Inc. surged to their highest price in more than six years Friday as investors hope that a Food and Drug Administration advisory panel will recommend that the FDA approve NPS' bowel drug Gattex.
Citigroup Inc. reports quarterly financial results. CSX Corp. reports quarterly financial results. Intel Corp. reports quarterly financial results.
Fitch Ratings upgraded its credit rating on Burger King Friday, saying it's attracting more customers with an updated menu, cutting costs and franchising stores. That cuts costs for Burger King Worldwide Inc. while increasing revenue with franchise fees and royalty. Burger King is also trying to ramp up growth by expanding overseas.
WORKDAY WORKS: Shares of Workday Inc. jumped 74 percent to close at $48.69 on their first day of trading Friday. ABOVE RANGE: The cloud-based human resources software provider priced shares at $28 apiece, above the projected range of $24- $26. TICKER TAPE: Pleasanton, Calif.- based Workday trades on the New York Stock Exchange under the ticker symbol "WDAY."
DALLAS-- The CEO of American Eagle says he expects that the regional affiliate of American Airlines will still be sold or spun off as a separate company after American emerges from bankruptcy protection.
DALLAS-- American Airlines says it will do repairs on 49 more planes to prevent the seats from coming loose during flight. Airline spokeswoman Andrea Huguely said Friday that crews will add a backup locking device to seats in most of its Boeing 767 s. Huguely says the work started Thursday and will be done by Oct. 21.
WASHINGTON-- The United States has now spent $1 trillion more than it's taken in for four straight years. The Treasury Department confirmed Friday what was widely expected: The deficit for the just-ended 2012 budget year _ the gap between the government's tax revenue and its spending _ totaled $1.1 trillion.
NEW YORK-- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:. Wells Fargo& Co., down 93 cents at $34.25. STMicroelectronics NV, up 36 cents at $6.
WASHINGTON-- The Obama administration is delaying a decision that had been due Monday on whether China is manipulating its currency to gain trade advantages. GOP challenger Mitt Romney has attacked the administration for not targeting China for unfair trade practices.
JEFFERSON CITY, Mo.-- Backers of a proposal to increase Missouri's lowest-in-the nation cigarette taxes wrapped up a statewide bus tour Friday at the state Capitol. Missouri voters next month are considering an initiative that would raise the state cigarette tax to 90 cents per pack while also increasing taxes on other tobacco products.