Wires

  • *Official Sept reading is 50.4, same as August. BEIJING, Oct 1- Activity in China's manufacturing sector expanded again in September, an official survey showed on Saturday, which may indicate that recent positive momentum can be sustained. After a significant pick-up in March, China's official PMI slipped, falling below 50 in July before showing expansion in...

  • BEIJING, Oct 1- China's yuan joins the International Monetary Fund's basket of reserve currencies on Saturday in a milestone for the government's campaign for recognition as a global economic power. China will use this opportunity to further deepen economic reforms and open up the sector to promote global growth, the central bank added.

  • *Official Sept reading is 50.4, same as August. BEIJING, Oct 1- Activity in China's manufacturing sector expanded again in September, an official survey showed on Saturday, which may indicate that recent positive momentum can be sustained. After a significant pick-up in March, China's official PMI slipped, falling below 50 in July before showing expansion in...

  • CHICAGO, Sept 30- S&P Global Ratings dropped Illinois' credit rating one notch to BBB on Friday and warned it could fall further absent a long-term solution that deals with the state's chronic structural budget deficit and pension woes. The impasse, along with a $111 billion unfunded pension liability and a growing pile of unpaid bills have pounded Illinois'...

  • SEOUL, Oct 1- South Korean exports in September fell, as expected, after posting the first rise in 20 months in August, as slightly fewer working days and a strike at the biggest automaker hit shipments, data showed on Saturday. Exports fell 5.9 percent on-year to $40.86 billion in September while imports slipped 2.3 percent to $33.76 billion, trade ministry data...

  • BERLIN, Sept 30- German Economy Minister Sigmar Gabriel heads to Iran next week with a planeful of industry executives keen to rebuild trade ties, but remaining U.S. sanctions and political concerns are holding back a hoped-for business boom. Tehran said there could be no precondition for Iran- Germany relations and that it rejected the interference of any...

  • BEIJING, Oct 1- Activity in China's services industry expanded in September at a slightly faster pace than the previous month, an official survey showed on Saturday. The official non-manufacturing Purchasing Managers' Index stood at 53.7 in September, compared to the previous month's reading of 53.5. China is counting on growth in services to offset...

  • BEIJING, Oct 1- Activity in China's manufacturing sector expanded slightly in September, an official survey showed on Saturday. The official Purchasing Managers' Index stood at 50.4 in September, identical with the previous month's 50.4 and above the 50- point mark that separates growth from contraction on a monthly basis. Analysts polled by Reuters had...

  • California regulators have changed course and opened a pathway for the public to get self-driving cars of the future that lack a steering wheel or pedals. But, in a shift, the state's Department of Motor Vehicles said in a revision of draft regulations released late Friday that the most advanced self-driving cars would no longer be required to have a licensed...

  • SAN FRANCISCO— Volkswagen has agreed to pay its U.S. dealers up to $1.2 billion to compensate them for losses they said they suffered as a result of the company's emissions cheating scandal, according to a settlement agreement filed Friday in federal court in San Francisco. That deal calls for it to spend up to $10 billion buying back or repairing about 475,000...

  • SAN JOSE CHIAPA, Mexico, Sept 30- German car maker Audi inaugurated on Friday a new plant in Mexico, where it will build the new Audi Q5 SUV. The factory near to the central city of Puebla will have a production capacity of 150,000 cars a year, the company said. "We will bring electricity and electrified versions here to Mexico," Audi Chief Executive Officer Rupert...

  • KINGSTON, Jamaica, Sept 30- Hurricane Matthew surged in power on Friday to become the Caribbean's first major hurricane in four years as it moved towards Jamaica and Cuba with winds of up to 150 miles per hour powerful enough to wreck houses, forecasters said. Matthew was about 440 miles southeast of Kingston, Jamaica, and the U.S. National Hurricane Center...

  • KINGSTON, Jamaica, Sept 30- Hurricane Matthew surge in power on Friday to become the Caribbean's first major hurricane in four years as it moved towards Jamaica and Cuba with winds of up to 150 miles per hour powerful enough to wreck houses, forecasters said. Matthew was about 440 miles southeast of Kingston, Jamaica, and the U.S. National Hurricane Center...

  • SEOUL, Oct 1- Following are South Korea's preliminary export and import figures for September, released by the Ministry of Trade, Industry and Energy on Saturday:. SEPT* AUG Balance 7.1 5.1 Exports 40.8 40.1 -5.9 2.6 Imports 33.8 35.0 -2.3 0.7* Revised figures released on Sept 13. NOTES:- Reuters poll: Exports were seen down 4.1 percent in September over a year earlier...

  • Oct. 1- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 03 October France Auction of BTF treasury notes.

  • Oct. 3- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 03 October France Auction of BTF treasury notes.

  • LONDON- South African Finance Minister Pravin Gordhan, African Development President Akinwumi Adesina, Nigeria Minister of Industry, Trade and Investment Okechukwu Enelamah speak at the FT Africa summit. MONDAY, OCTOBER 3 MAKATI CITY, the Philippines- World Bank briefing on key economic and social developments and policies in the Philippines over the past...

  • SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0330 GMT. AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook,...

  • SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0330 GMT. AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook,...

  • The U.S. Department of Commerce is due to cede stewardship of ICANN, or the Internet Corporation for Assigned Names and Numbers, as scheduled after a lawsuit seeking to halt the transition was denied by a federal judge in Texas on Friday. The lawsuit filed on Wednesday against the federal government by the Republican states of Arizona, Texas, Nevada and Oklahoma...