Italy PM: Expect Parliamentary OK of Labor-Market Overhaul by Year-end

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Liam Moloney ROME--Italian Prime Minister Matteo Renzi, facing rising unemployment and an economy that has slipped into its third recession since 2008, said Monday he expects parliamentary approval of an overhaul of the country's labor market by the end ...

Brazil's August Trade Surplus Narrows to $1.17 Billion

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Paulo Trevisani BRASILIA--Brazil had a $1.17 billion trade surplus in August, down from a $1.57 billion surplus in July, the Trade Ministry said Monday. There was $20.47 billion in exports for the month and $19.3 billion in imports. In ...

China Manufacturing Output Slows in August -- Update

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

BEIJING--China's economy sputtered on in August with factory output slowing, according to two measures, as the effect of stimulus measures earlier this year fades. The official Purchasing Managers Index fell to 51.1 in August from 51.7 in July, which was ...

German GDP Contraction Confirmed for Second Quarter

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Emese Bartha Germany's economy contracted in the second quarter after a robust start to the year, the Federal Statistics Office, or Destatis, confirmed Monday, putting pressure on policy makers to move ahead with measures to boost the economy. In ...

S. Korea Exports Drop 0.1% in August

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Kwanwoo Jun SEOUL--South Korea's exports in August dropped following a solid increase in July, government data showed Monday, meeting market expectations for fewer working days and less output due to the summer vacation to have slowed the country's shipments ...

China Manufacturing PMI Falls to 51.1 in August From 51.7 in July

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

BEIJING--An official gauge of China's manufacturing activity fell in August from a 27-month high in July, data showed Monday. The official manufacturing Purchasing Managers Index fell to 51.1 in August from 51.7 in July, the China Federation of Logistics and ...

Ruble Hits Record Low Against Dollar

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

The Russian ruble hit a fresh record low against the U.S. dollar on Monday, burned by continuing fighting in Ukraine over the weekend and European Commission President José Manuel Barroso warning that the situation was approaching "a point of no ...

Euro-zone Manufacturing Slows -- Update

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Paul Hannon Activity in the euro zone's manufacturing sector slowed more sharply than first estimated in August, with Italy joining France in contraction, while German factories had their most sluggish month since September of last year. By contrast, economies ...

Swiss Factory Output Index Declines in August

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Neil MacLucas ZURICH--Switzerland's manufacturing output index fell for the first time in three months in August, data showed Monday, indicating demand for the country's industrial goods is weakening as growth slows in the euro area: the key market for ...

Merkel Stresses Need to Prepare More Sanctions Against Russia

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Andrea Thomas BERLIN--Germany's Chancellor Angela Merkel Monday stressed the need to prepare more sanctions against Russia because the risk stemming from the country's "unacceptable" behavior in Ukraine outweighs economic risks for German companies. Her comments come after European Union ...

ASIA MARKETS: Hong Kong Stocks Flat After Weak China Data

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Laura He, MarketWatch HONG KONG (MarketWatch) -- Hong Kong stocks swung between gains and losses before closing flat on Monday, after two separate gauges of China's manufacturing activity both showed a slight slowing last month. The HSBC China Manufacturing ...

China Manufacturing Output Slows in August -- 2nd Update

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Mark Magnier BEIJING--China's economy faces further headwinds after two measures of factory output decelerated in August, adding pressure on Beijing to stimulate growth to meet the nation's annual target. The results disclosed Monday follow weaker investment, real estate and ...

Indian Shares Reach New Record After Strong GDP Data

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Kenan Machado MUMBAI--Indian shares rose to a new record Monday after the government reported strong gross-domestic-product data, signaling improving prospects for the south Asian economy. The S&P; BSE Sensex closed at 26,867.55, up 0.9% from Thursday. Indian markets were ...

CURRENCIES: Dollar Rises Slightly Against Yen

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Hiroyuki Kachi The dollar was slightly higher against the yen and the euro, with many investors shying away from making major moves ahead of big events later this week such as U.S. jobs data and the European Central Bank's ...

Spanish Manufacturing Slows for Second Straight Month

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

Activity in Spain's manufacturing sector slowed for the second straight month in August, a sign that the economic recovery may be losing some momentum. The headline measure from data firm Markit's monthly survey of purchasing managers at more than 400 ...

German GDP Contraction Confirmed

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

Germany's economy contracted in the second quarter after a robust start to the year, the Federal Statistics Office, or Destatis, confirmed Monday, putting pressure on policy makers to move ahead with measures to boost the economy. In adjusted terms, Germany's ...

Indonesia July Trade Surplus $0.13 Billion

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By Linda Silaen JAKARTA, Indonesia--Indonesia had a trade surplus in July as imports fell and soft international commodity prices and limits on mineral exports affected exports. The surplus was $130 million compared with a revised $288 million deficit in June, ...

South Korea Exports Drop 0.1% in August

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

SEOUL--South Korea's exports in August dropped following a solid increase in July, government data showed Monday, meeting market expectations for fewer working days and less output due to the summer vacation to have slowed the country's shipments overseas last month. ...

Australian Company Profits Fell in 2Q

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

SYDNEY--Australian company gross operating profits fell 6.9% in the second quarter from the previous quarter, the Australian Bureau of Statistics said Monday. Economists surveyed by The Wall Street Journal ahead of the announcement predicted company profits fell about 1.8% in ...

Australian Company Profits Fell in 2Q

TODAY: Sept. 2, 2014 PUB DATE: Sept. 1, 2014

By James Glynn SYDNEY--Australian company gross operating profits fell 6.9% in the second quarter from the previous quarter, the Australian Bureau of Statistics said Monday. Economists surveyed by The Wall Street Journal ahead of the announcement predicted company profits fell ...