Lego Profit Boosted by Asia

TODAY: Sept. 2, 2015 PUB DATE: Sept. 2, 2015

Danish toy maker Lego outpaced the growth for building sets in the wider U.S. toy market, booking a 31% jump in first-half profit and a 23% rise in revenue. This was well above the growth in the U.S. market which ...

China Shanghai Rubber Futures Closing Prices, Volume

TODAY: Sept. 2, 2015 PUB DATE: Sept. 2, 2015

Wednesday, September 2 2015 Natural Rubber Turnover: 455,720 lots Open High Low Settle Prev. Change Vol Open Settle Interest Sep-15 10,020 10,100 9,985 10,020 10,080 -60 2,388 16,222 Oct-15 10,180 10,225 10,120 10,170 10,210 -40 222 784 Nov-15 10,300 10,300 ...

Polish Central Bank Holds Rates as Expected

TODAY: Sept. 2, 2015 PUB DATE: Sept. 2, 2015

By Marcin Sobczyk WARSAW--The National Bank of Poland left its interest rates unchanged on Wednesday, in line with expectations and its earlier guidance. The central bank in March cut its main rate to 1.5%, the lowest on record, and said ...

Global Stocks Try to Regain Footing -- Update

TODAY: Sept. 2, 2015 PUB DATE: Sept. 2, 2015

By Josie Cox Global stock markets steadied Wednesday, a day after a fresh jolt from China triggered steep losses. Financial markets have endured a roller-coaster ride since China moved to devalue the yuan in mid-August. Commodities and stocks indexes around ...

U.S. Tech Firms Boost Lobbying Presence in Brussels

TODAY: Sept. 2, 2015 PUB DATE: Sept. 2, 2015

By Tom Fairless BRUSSELS--This city of bureaucrats has become a place of pilgrimage for West Coast technology firms. From Amazon.com Inc. to Uber Technologies Inc., the giants of Silicon Valley are bulking up in the European Union's de facto capital, ...

CBO finds patent-law change could cost health programs $1.3 billion

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

By Joseph Walker A patent law change sought by the pharmaceutical industry could cost federal health-care programs $1.3 billion over a decade by delaying new generic medicines, an analysis by the Congressional Budget Office found this summer, according to people ...

Medtronic Buys Developer of Devices to Treat Aneurysms

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

By Josh Beckerman Medtronic PLC (MDT) has purchased Medina Medical, which develops medical devices focused on vascular abnormalities of the brain including cerebral aneurysms. Medtronic said Medina Medical's technology is "a natural fit with our Neurovascular portfolio, further strengthening our ...

South Korea Exports Plunge 14.7% in August

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

By Kwanwoo Jun SEOUL--South Korea's exports fell more sharply than expected in August--the eighth consecutive month of declining shipments overseas--according to provisional data from the Ministry of Trade, Industries and Energy. Exports shrank 14.7% from a year earlier to $39.33 ...

South Korea Exports Plunge 14.7% in August -- Update

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

By Kwanwoo Jun SEOUL--South Korea said exports posted their sharpest fall in six years in August as shipments slumped to China, the country's largest export destination, amid concerns about a slowdown in the world's second-largest economy. The South Korean data ...

China Data Pulls Down Asian Shares

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

Asian markets fell Tuesday after disappointing manufacturing data further put in focus China's economic slowdown. The region was already extending a turbulent stretch where fears about a slowdown in China have weighed on commodities and worries about a devalued Chinese ...

China Data Pulls Down Asian Shares

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

By Chao Deng Asian markets fell Tuesday after disappointing manufacturing data further put in focus China's economic slowdown. The region was already extending a turbulent stretch where fears about a slowdown in China have weighed on commodities and worries about ...

Indonesia's Inflation Falls Slightly in August

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

By Ben Otto And Deden Sudrajat JAKARTA, Indonesia--Indonesia's year-over-year inflation edged lower in August after travel costs fell with the end of annual holidays, though it remains well above the central bank's target rate. The official statistics agency said Tuesday ...

Malaysia Manufacturing PMI Falls in August

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

By Saurabh Chaturvedi KUALA LUMPUR, Malaysia--Malaysian manufacturing activity fell in August as new orders contracted at the fastest rate since September 2012, leading to further declines in both production and purchasing activity, according to a private survey by Nikkei and ...

Huge Purchases By Chinese Oil Trader Raise Prices, Confusion

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

SINGAPORE?A Chinese oil trading company bought record volumes of oil on a regional cash market for Middle Eastern crude last month, pushing up benchmark prices and causing confusion about the company's motives among crude buyers and sellers in Asia. Chinaoil, ...

Asian Shares Pulled Down by China Data--3rd Update

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

By Chao Deng Asian markets fell Tuesday, pressured by disappointing manufacturing data that fueled concerns about growth in China and its neighboring economies. Stocks in Shanghai, which are at the epicenter of a global selloff, ended 1.2% lower at 3166.62. ...

Oil Prices Pull Back on New China Worries--2nd Update

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

By Ese Erheriene LONDON--Crude-oil futures pulled back on Tuesday, giving up some of the strong gains seen in the last three sessions, as worries about China's economy resurfaced. On the New York Mercantile Exchange, light, sweet crude futures for delivery ...

Eurozone Jobless Rate Falls

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

The eurozone's jobless rate fell to its lowest since early 2012 during July, driven by big falls in the number of people without work in Italy and Spain. The currency area's unemployment rate remained very high compared with that of ...

Poland's Manufacturing PMI Falls Sharply in August

TODAY: Sept. 2, 2015 PUB DATE: Sept. 1, 2015

By Martin M. Sobczyk WARSAW--Activity in Poland's manufacturing sector expanded in August at a much slower rate than in July with output and new orders growing only marginally, Markit Economics said Tuesday. The survey of 300 industrial companies showed the ...