Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Stocks in Asia Pacific traded higher on Friday morning, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease monetary policy...Asia Marketsread more
A man suspected of torching Kyoto Animation reportedly doused the studio's entrance with what appeared to be petrol and set it ablaze on Thursday.Asia Newsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
See which stocks are posting big moves after the bell on July 18.Market Insiderread more
House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
China's manufacturing activity contracted for the first time in six months in January, a private survey showed on Thursday.
The reading came in much lower than a Reuters forecast of 50.3. A number below 50 signals contraction.
(Read more: What's next for China? Economists are split)
Analysts told CNBC the data, while possibly skewed, raised potential concerns for the world's second biggest economy.
"There are probably some New Year distortions in here as it is right between the holidays, but it does suggest not all is well in China's economy. I wouldn't get my hopes up for a big, strong pick-up right after Chinese New Year," said Frederic Neumann, MD & Co-Head of Asian Economics Research at HSBC.
"Interest rates are rising in China, we know the government is pursuing aggressive reforms; a strong pick-up is not in the cards for China," he added.
(Read more: China's economygrows 7.7% in fourth quarter)
The PMI showed a faster rate of decrease in new export orders and employment in January. The new orders came in at 49.8, shrinking for the first time in six months.
HSBC's Neumann noted with concern that despite improving U.S. and European growth, exports in China just aren't responding like they have in the past.
"We have again, a contraction in new export orders. The trade flow just isn't ramping up as we're used to and that reflects in part a decline of competitiveness of China's economy and that trade is no longer a big driver for the Chinese manufacturing sector. It is increasingly domestic demand and that engine isn't firing either so China is really challenged on both fronts, he said."
Growth figures on Monday showed China's economy recording its slowest annual expansion rate since 1999, at 7.7 percent.
Chinese statistics tend to deviate around the Lunar New Year, which falls on January 31 this year, as factories tend to wind down ahead of the week-long holiday.
"We are reluctant to read too deeply into this number," Bill Adams, senior international economist for PNC Financial Services Group, wrote in a note. "The Chinese economy sometimes marches to the beat of its own drummer, but this month's dip in the HSBC flash China manufacturing PMI looks too far out of step with recent evidence of an improving global business cycle. "
"That said, slower credit growth and higher interest rates after December's annual work conference would make more moderate domestically-oriented growth in early 2014 unsurprising. In short? This release calls for caution -- but not angst," he added.
— Follow us on Twitter: