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U.S. markets news

China Factory Index at 3-Year Low, Services Improve
HONG KONG - Chinese manufacturing was at its weakest in more than three years in November despite stimulus measures to bolster the world's No.
Factories still struggling as US rate hike looms  Reuters
UK manufacturing growth slowed in November  BBC News  
China needs more users for 'freely usable' yuan after IMF nod
HONG KONG The International Monetary Fund's decision to add China's yuan to its reserves basket is a triumph for Beijing, but the fund's verdict that the currency met its "freely usable" test will have little financial impact unless Beijing recruits ...
The 10-Point.  Wall Street Journal
IMF offers glimpse of the future as yuan joins ranks of top global currencies  The Globe and Mail (subscription)
Bank of England declares end to post-crisis period
The Bank of England has declared that the UK's financial system has moved out of the “post-crisis period” but was not showing enough signs of overheating to require action to rein in credit.
Banks and miners help European shares edge higher  Reuters
Banks Pass UK Stress Tests but Investors Shouldn't Expect Rewards  Wall Street Journal
Scotiabank fourth-quarter profit rises on asset growth
TORONTO Dec 1 Bank of Nova Scotia, Canada's third-largest bank, reported a higher quarterly profit that beat market expectations on Tuesday, driven by robust asset growth and a benefit from favorable foreign exchange moves.
Scotiabank Profit Rises 28% as International Business Gains  Bloomberg
Scotiabank Q4 profit rises to $1.84 billion
Manchester City group sells 13% to Chinese investors
Manchester City's parent company has been valued at $3bn (�2bn) after selling a 13% stake, worth �265m, to a consortium of Chinese investors.
Chinese Consortium to Buy 13% of Manchester City FC Owner  Wall Street Journal
Manchester City Gets $400M Chinese Investment Deal  New York Times
Eurozone Unemployment Rate Falls to Near 4-Year Low
Unemployment across the 19-country eurozone economy has fallen to its lowest level in nearly four years, official figures showed Tuesday, in another positive sign for an economic region that has struggled to get people back to work for years.
German jobless rate falls to lowest level  The Australian
German unemployment remains steady at 6 per cent in November as labour ...  Montreal Gazette
Indian Sovereign Bonds Rally as Rajan Says Policy Accommodative
India's sovereign bonds rallied the most in two months after central bank Governor Raghuram Rajan said monetary policy remains accommodative even as he left benchmark interest rates unchanged at a meeting on Tuesday.
More room for banks to pass on rate cuts: Raghuram Rajan  The Hindu
Rajan twist: Why monetary policy this time is more about NPAs than rate cut  Firstpost
#GivingTuesday inspires post-Black Friday philanthropy
The uninhibited gluttony and deal-grabbing of Thanksgiving, Black Friday and Cyber Monday have come and gone. On Tuesday, one social movement is inspiring people to give back.
Generosity is the British way. That's why I back Giving Tuesday
Black Friday and Cyber Monday are over. Tuesday is all about giving.  Springfield News-Leader
Cyber Monday shoppers forced to wait in virtual queues
Shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp forced to wait in a virtual line.
Cyber Monday leaving shoppers unimpressed  Belfast Telegraph
Best Buy Cyber Week 2015 Sale Launches  I4U News
Samsung's New Mobile Chief Faces Uphill Battle in Smartphones
SEOUL— Samsung Electronics Co. SSNHZ 0.00 % 's new mobile chief offers a stark contrast to J.K. Shin, the hard-charging executive who led the world's biggest smartphone-maker through a period of explosive growth but also one marked by difficulty.
Samsung replaces mobile chief as its smartphone lead comes under threat  The Globe and Mail
Samsung shakes up mobile division  Seeking Alpha