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U.S. markets news

China Factory Activity Slips to Three-Year Low in August, Service Sector Weak
BEIJING—China got another poor picture of its economic health on Tuesday, as an official gauge of manufacturing activity in August slumped to a three-year low while the usually strong services sector showed new weakness.
Asia bourses in downbeat start to September  Financial Times
Asian shares slip as downbeat China PMIs revive growth fears  Reuters
New York Times  
Oil prices drop more than 3 pct as investors take profits
SINGAPORE, Sept 1 Oil prices fell more than 3 percent in early Asian trade on Tuesday, with investors taking profits after Brent and U.S.
Oil Sharply Lower in Volatile Trade, Weak China Data Weighs  Wall Street Journal
Oil rates drop 3% as investors retreat from overnight gains
PRECIOUS-Gold gains on softer dollar, but Fed hike view caps rise
MANILA, Sept 1 Gold edged higher on Tuesday as the dollar weakened, but expectations the Federal Reserve could go ahead with an interest rate increase this month kept gains in check.
Gold Extends Gains as China Manufacturing Eases Fed-Rate Concern  Bloomberg
Worst month in four years for Europe's top markets  Irish Independent
Don't discount an autumn rate rise from the Federal Reserve
Last week, it looked like markets had bullied the US Federal Reserve into delaying interest rate increases, but over the weekend one of the central bank's most senior and respected policymakers fought back.
Wall Street's Worst Month in Three Years Ends on a Sour Note  NDTV
Fischer Doesn't Sway December Camp as 48% See Sept. Fed Liftoff  Bloomberg
Blue Bell quickly scooped up as it returns to Central Texas, Houston
Shoppers were happy to show off the Blue Bell ice cream made in Alabama but sold in Brenham as cartons were stocked early Monday in parts of Texas.
Blue Bell's Hometown Return Brought Relief To Employees, Residents  CBS Local
Blue Bell Broken Arrow plant goes back to work  Tulsa World
Stocks fall to close out a bruising August
The stock market closed out its worst month in more than three years on a down note. Stocks fell broadly in Monday trading, with the exception of energy shares, which reversed an early slump after the price of crude oil surged.
Stocks Fall to Cap Turbulent Month  Wall Street Journal
How the Dow Jones Industrial Average Fared on Monday  ABC News
South Korea exports plunge 14.7%
South Korea has suffered its heaviest fall in exports for six years, bolstering expectations that the central bank will cut rates next week to tackle a rapidly darkening outlook.
South Korea's Exports Fall Most Since 2009 as China Slows  Bloomberg
South Korea Aug exports fall most in 6 yrs, raises rate cut prospect  Economic Times
Toshiba Delays Report on Finances Once Again
Toshiba again delayed announcing its annual financial results on Monday as new accounting errors kept it from drawing a line under Japan's worst corporate scandal in four years.
Toshiba finds ten fresh cases of accounting errors  Irish Examiner
Toshiba's new accounting problems won't have a big impact: CEO  Rapid News Network
Massive gas find a boon for Egypt, salve for energy crisis
CAIRO (AP) - Experts say the discovery of a huge natural gas field off the Egyptian coast is a major boon for the country that will help alleviate energy shortages and boost the economy.
Eni's mega-find could aid Petroceltic's Egypt plans  Irish Examiner
Egyptian gas find may close Israel's 'window of opportunity  Jerusalem Post Israel News
TAKE A LOOK-Asia GDP: Rate calls grow as India GDP growth slower than forecast
Indian growth slowed by more than expected in the quarter to June, a setback for Prime Minister Narendra Modi that will prompt more urgent calls from his aides for interest rate cuts.
India's Economy Outshines Neighbors With Latest GDP Figures  Wall Street Journal (blog)
India's growth slows as reforms stall  CNN