U.S. Blocks China Trade Pact Effort

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

BEIJING--The U.S. has blocked China's efforts to use a leaders" summit to begin negotiations on a free-trade zone spanning the Pacific, say people close to the matter, as the world's two largest economies tussle over influence in the region and ...

Australian Home-Building Approvals Slump

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

SYDNEY--The number of Australian home-building permits issued fell in September by 11% from August, government data showed Monday. Permits to build houses declined 2.3% from a month earlier, while approvals for apartments, townhouses and other dwellings fell by 21.9%. Building ...

China Shows Mixed Picture for October Business Activity -- Update

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

BEIJING--Two measures of Chinese business activity in October revealed patches of softness with some modest signs of strength in the world's second-largest economy. The headline figure for the October HSBC final manufacturing purchasing managers index, released Monday, moved higher compared ...

Asian Shares Mixed on China Data -- 2nd Update

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

By Chao Deng Stocks in Asia were mixed on Monday following the latest data on Chinese manufacturing, with markets in Australia and Hong Kong falling slightly while Shanghai gained. Australia's S&P; ASX fell 0.4% to 5506.90 and Hong Kong's Hang ...

Guangzhou Shipyard to Buy Assets from State Parent

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

HONG KONG--Guangzhou Shipyard International Co. (0317.HK) agreed buy CSSC Huangpu Wenchong Shipbuilding Co., which builds military and civilian ships, for 4.53 billion yuan (US$738 million), as part of an asset injection by state-owned parent China State Shipbuilding Corp. The Hong ...

Swiss Manufacturing Output Rises in October

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

By John Revill ZURICH--Switzerland's manufacturing output recovered in October, data showed Monday, indicating demand for the Alpine country's industrial goods has been resilient despite slowing growth in its primary export markets in Europe. The Swiss Purchasing Managers' Index rose to ...

Trade Suspended at Main India-Pakistan Border Crossing

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

ISLAMABAD--Trade was suspended at the main border crossing between Pakistan and India Monday after a deadly bombing the previous day killed dozens on the Pakistani side, police and paramilitary officials said on Monday. At least 55 people were killed and ...

Indonesian Leader Unveils Cash Aid as Fuel Hikes Loom -- Update

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

By Ben Otto and Joko Hariyanto JAKARTA, Indonesia--President Joko Widodo unveiled a program that could eventually give millions of poor people cash to blunt the effect of higher fuel prices in the world's fourth most-populous nation as prospects for the ...

Press Release: PMI(R) at 59%; October Manufacturing ISM(R) Report On Business(R); New Orders, Employment and Production Growing; Inventories Growing; Supplier Deliveries Slowing

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

PMI(R) at 59%; October Manufacturing ISM(R) Report On Business(R); New Orders, Employment and Production Growing; Inventories Growing; Supplier Deliveries Slowing PR Newswire TEMPE, Ariz., Nov. 3, 2014 DO NOT CONFUSE THIS NATIONAL REPORT with the various regional purchasing reports released ...

ISM Manufacturing Index Unexpectedly Rises

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

While overseas manufacturers show stress from the slowdown in global demand, the U.S. manufacturing expansion continued at a stronger clip in October, according to a survey released Monday by the Institute for Supply Management. The ISM's manufacturing purchasing managers index ...

MARKET SNAPSHOT: U.S. Stocks Inch Higher; S&P 500 At Record

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The U.S. stock market inched modestly higher on Monday,with the S&P; 500 hitting an intraday record after a tenuous start to the week. Trading activity, however, has been relatively ...

First Time Home Buyers Decline in U.S.

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

By Joe Light First-time home buyers made up the smallest share of U.S. home buyers in nearly three decades, a trend that is preventing a stronger housing recovery, according to a report released Monday. The report, by the National Association ...

Byron Wien: Slow Growth Good for Stock Market -- -2-

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

fight ISIS has gone nowhere. I got the feeling that no country (especially Saudi Arabia and the United Arab Emirates) in the Middle East, other than those already committed, wants to get involved militarily in the conflict with ISIS. There ...

France Proposes Compromise for Transaction Tax

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

By William Horobin PARIS--French Finance Minister Michel Sapin on Monday proposed a limited plan to tax trades in some shares and derivatives in a bid to reconcile a group of European countries that have long pledged, but failed to deliver, ...

Oil Slips, Saudi Arabia's December Prices in Focus

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

By Eric Yep Crude-oil futures were under pressure in Asian trade Monday from a stronger U.S. dollar and weak Chinese manufacturing data. Saudi Arabia's upcoming December price announcements will likely set the tone for markets this week. On the New ...

China October HSBC Final Manufacturing PMI Ticks up to 50.4

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

BEIJING--A private gauge of activity in China's manufacturing sector rose modestly in October after holding steady in September, possibly relieving some concerns over the health of the economy. The HSBC China Manufacturing Purchasing Managers' Index, a gauge of nationwide manufacturing ...

Indonesia October CPI Edges Higher

TODAY: Jan. 31, 2015 PUB DATE: Nov. 3, 2014

By Ben Otto and Joko Hariyanto JAKARTA, Indonesia--Indonesia's inflation rate edged higher in October to 4.83% year-over-year, due partly to a low base and anticipation of a fuel-price increase in the weeks ahead. That was higher than a median 4.71% ...