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  • *China official factory PMI 49.7 in August vs 50.0 in July. LONDON, Sept 1- Copper prices fell on Tuesday as expectations of weak demand from top consumer China were fuelled by data showing the country's manufacturing sector contracting at its fastest pace in three years. "Looking at fundamentals, China and demand, it's not looking terribly healthy," said Sergey...

  • *In 2016, Brent seen averaging $62.30, U.S. crude $57.00. Benchmark North Sea Brent crude is likely to average $62.30 a barrel in 2016, up from an average so far this year of around $57.60, the monthly survey of 30 analysts said. But analysts say much lower oil prices over the last few months have stimulated more demand for fuel in many parts of the world, particularly...

  • BANGKOK, Sept 1- Police hunting those responsible for Thailand's deadliest bombing arrested a second foreign suspect on Tuesday, Prime Minister Prayuth Chan- ocha said. The man was arrested in Sa Kaeo province, on the border with Cambodia east of Bangkok. The suspect was being transferred to Bangkok for questioning.

  • SAN FRANCISCO— Yahoo CEO Marissa Mayer says she's pregnant with identical twins. Mayer says that she's informed Yahoo executives of her pregnancy. Three years ago, Mayer announced she was pregnant with her son on her social networking accounts just a few hours after Yahoo hired her as its third full-time CEO in less than a year.

  • BEIJING, Sept 1- China's central bank will establish a $10 billion fund for investment in Latin American countries, it said in a statement on its website on Tuesday. The People's Bank of China said it would jointly manage the fund with policy lender China Development Bank and the country's foreign exchange regulator. The funding will come from China's foreign...

  • LONDON, Sept 1- Gold rose nearly 1 percent on Tuesday as the dollar and global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve's first interest rate increase in nearly a decade. Spot gold rose 0.7 percent to $1,142.40 an ounce by 0911 GMT, while U.S. gold for December delivery climbed 0.8 percent...

  • BRIEF-DELTA AIR CEO: DECISION TO INVEST IN CHINA EASTERN. Sept 1- Delta Air Lines Inc:. *CEO, speaking in Shanghai, says decision to invest in China Eastern Airlines Corp Ltd "quick and easy" despite recent stock market volatility.

  • LONDON, Sept 1- A raft of weak economic data kept emerging assets on the ropes on Tuesday, with stocks extending August's heavy losses and central banks scrambling to control currencies' relentless slide against the dollar. The emerging index fell 9 percent in August, the worst monthly loss since May 2012. "We've had a wide range of data all of which is showing that...

  • MUMBAI, Sept 1- India's competition authority has accused Google Inc of abusing its dominant position in online search, people with knowledge of the matter said, which if proven could force the U.S. company to alter its practices in a key market or even pay a big fine. A preliminary report from the Competition Commission of India, a quasi-judicial regulatory body,...

  • BERLIN, Sept 1- German unemployment fell more than expected in August, with the jobless rate holding steady at a record low, offering reassurance that consumer spending will continue to drive growth in Europe's largest economy this year. "Economy and employment trends in Germany are pointing upward. Companies are well advised not to be unsettled by the recent...

  • *Man Group posts biggest individual decline. LONDON, Sept 1- European stocks fell on Tuesday, extending the losses of recent weeks after weak manufacturing data from China again raised concerns over the health of its economy. "The PMI was below 50, which is a psychologically important level and puts into real focus the fact that China is contracting," ETX Capital...

  • *China factory activity shrinks at fastest pace in 3 years. London, Frankfurt and Paris were down 2.3 to 2.5 percent and oil was also back in the red as it cut almost $1.5 off the $10 it had leapt between Thursday and Monday, which had been its biggest three-day surge in 25 years. GDP was revised up, but the overall theme is still the weakness in China and that is very hard...

  • BERLIN— Germany's unemployment rate crept up to 6.4 percent in August, but the Federal Labor Agency says the job market in Europe's largest economy remains robust. The agency reported Tuesday that 23,000 more people were jobless in August over July, for a total of 2.796 million people out of work. Germany's healthy labor market contrasts with those in some...

  • *Crude oil prices fall nearly $2 a barrel in Asia trade. LONDON, Sept 1- Oil prices fell more than 3 percent on Tuesday after official data showed China's giant manufacturing sector, the engine powering the world's biggest energy consumer, contracted at the fastest pace in three years. "It was primarily the China fear factor," Carsten Fritsch, senior oil analyst at...

  • The Markit/ CIPS UK Manufacturing Purchasing Managers' Index fell in August to 51.5 from 51.9 in July, confounding expectations for a rise to 52.0. "The UK manufacturing sector remains in a holding pattern, with production growth hovering around the stagnation mark and marginal job losses reported for the first time in 26 months," said Rob Dobson, senior economist...

  • LONDON/ BEIJING Sept 1- Shares in British hedge fund manager Man Group Plc fell more than 6 percent in early trade on Tuesday following a report that the head of its China unit had been taken into custody as part of a probe into the country's recent market volatility. Bloomberg reported on Monday that Man's China chairwoman, Li Yifei, was helping authorities...

  • Sept 1- Hong Kong shares fell in sympathy with regional markets on Tuesday, as weak Chinese manufacturing data stoked fresh worries about a hard landing for the world's second-largest economy. A weak Chinese economy also hurts Hong Kong. Hong Kong retail sales fell for the fifth straight month in July, as a slowdown in tourist arrivals further battered sales of...

  • BEIJING, Sept 1- China's central bank will establish a $10 billion fund for investment in Latin American countries, it said in a statement on its website on Tuesday. The fund will be jointly managed by the central bank, policy lender China Development Bank and the country's foreign exchange regulator. Areas in which the fund will invest include manufacturing,...

  • BEIJING— The Committee to Protect Journalists is urging Chinese authorities to release a reporter accused of spreading false information on the country's stock market meltdown, calling it the latest act of media intimidation by President Xi Jinping's administration. Press freedom groups say China's leaders are seeking scapegoats for the collapse of a...