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Economy shows signs of improvement

The number of Americans filing new claims for jobless benefits dipped last week and the U.S. trade deficit narrowed slightly in August, signs that point to a slight strengthening in growth.
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An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

Mining firms drag down South African stocks

Resources firms such as Exxaro led South African stocks lower on Thursday as miners took a knock after weak data from China and disappointing earnings from the United States.
Gold, silver bars

Gold Prices Fall with Stocks, Commodities

Gold fell nearly one percent and silver dropped three percent as precious metals followed the stocks down in a generally gloomy outlook for U.S. and European economies.

Malawi to allow Sudan's Bashir in for summit

Malawi will allow Sudanese President Omar al-Bashir into the country for a regional trade summit starting on Friday and has no plans to arrest him under an International Criminal Court warrant, a senior government official said on Thursday.
Traders gather at the Barclays Capital's kiosk on the floor of the New York Stock

U.S. Stocks Hit by Weak Chinese Trade Report

U.S. stocks and global risk assets were hit with a worse-than-expected trade report out of China. China reported that September exports rose 17 percent from a year ago and imports increased 21 percent from a year ago.
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August trade gap narrows slightly

The trade deficit narrowed marginally in August, but the trade gap with China widened to a record high, the Commerce Department said on Thursday.
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Instant view: Jobless claims dip 1,000 last week

New claims for unemployment benefits edged down last week, according to a government report on Thursday that pointed to a modest improvement in the labor market at the start of the fourth quarter.
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Carrefour warns on profit as Europeans cut back

Carrefour, Europe's biggest retailer, issued its fourth profit warning in as many months on Thursday, adding to signs cash-strapped shoppers are cutting back and increasing doubts about its turnaround plan.
Sign for Safeway grocery store shown in San Francisco

Safeway Profit Tops Street; Shares Rise

Safeway Inc reported a quarterly profit that beat analysts' low expectations, benefiting from higher fuel sales and cost cuts, and its shares rose nearly 4 percent.
Exports have long been China’s main driver of its economic growth.

U.S. Stocks Open Lower on China Data, JPM Earnings

U.S. stocks edged lower on Thursday on news that growth in Chinese trade slowed in September. Before the market opened, JPMorgan Chase (NYSE:JPM) reported third quarter earnings of $1.02 per share, which exceeded expectations.
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Wall Street to open lower after China data, JPMorgan

Stocks were set to open lower on Thursday as earnings from JPMorgan and soft economic data in China highlighted worries about a slowing global economy, giving investors reason to pause after the recent run-up.
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IMF says China has scope to respond to global risks

China has the scope to respond if global economic risks materialize, and the country's response could partially but not entirely offset the impact of a global crisis, the International Monetary Fund's Asia and Pacific director said on Thursday.

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