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Factories falter as orders fade away

Factory activity worldwide stalled last month as new orders tumbled, a series of surveys showed on Thursday, heightening fears that the global economy may be heading for another recession.
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Stocks, Gold Rise in Asian Trading

Asian stocks rose on Thursday following gains on Wall Street, with technology and consumer shares outperforming, and credit spreads tightened on optimism central banks around the world will have to do more to support industrial activity.
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World stocks slide on poor Europe data

Financial markets kicked off September in a grim mood on Thursday with poor European economic data prompting a regional sell off that ended a four-day winning streak.
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European Stocks and Euro Dip

Financial markets kicked off September in a cautious mood Thursday with European stocks lower and world equities struggling to keep up what would be a five-day winning streak.
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World stocks fall as Europe data looks weak

Financial markets kicked off September in a cautious mood on Thursday with European stocks lower and world equities struggling to keep up what would be a five-day winning streak.
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Asia's factories quieter as exports slip

Slumping export demand slowed factory activity in some of Asia's biggest economies in August, although China fared better thanks to solid domestic growth, a series of surveys released on Thursday showed.
Shanghai's Ports

Asia's Factories Quieter as Exports Slip

Slumping export demand slowed factory activity in some of Asia's biggest economies in August, although China fared better thanks to solid domestic growth, a series of surveys released on Thursday showed.
Shanghai's Ports

Asian Markets Gain More Than 1%

Asian stocks rose Thursday following gains on Wall Street, with technology and consumer shares outperforming, and credit spreads tightened on optimism that central banks worldwide will have to do more to support industrial activity.
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China to restructure sovereign fund: report

Beijing plans to restructure its $300 billion sovereign wealth fund, China Investment Corporation , by spinning off its domestic investment arm, among other changes, a Chinese newspaper reported on Thursday, without citing sources.
President Barack Obama tours Solyndra, Inc., a solar panel manufacturing facility in Fremont, California

Solar company that Obama visited will shut down

Solar start-up Solyndra LLC, succumbing to pressure from lower-cost Chinese rivals, said it has suspended operations and plans to file for bankruptcy, 15 months after President Barack Obama visited a company factory that was to be expanded with the help of a federal loan guarantee.
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China liquor maker jacks up prices by 30 pct

Chinese liquor maker Wuliangye will raise prices for its alcohol by 20-30 percent from Sept 10, the firm said, the latest company to lift retail prices amid stubborn inflation pressures.

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