Activity in China's vast factory sector picked up unexpectedly in March, according to a government survey. The official Purchasing Managers' Index (PMI) was up to 50.1 from February's 49.9, and higher than economists' forecasts of 49.7.
Planned oil industry layoffs in the U.S. are approaching 100,000 in the past four months with more likely to come. Oil-producing states such as North Dakota, Texas, Oklahoma and Louisiana are catching the brunt of the cutbacks just as consumers are ...
The dollar weakened against the yen in Asian trade Wednesday, with stronger risk aversion prompting safe haven buying of the Japanese currency following a lackluster reading from the Bank of Japan's corporate sentiment survey.
NEW YORK - CBRE Group Inc. said Tuesday that it will pay $1.475 billion in cash to buy a unit of Johnson Controls Inc. that manages spaces for corporations.
... * Asia stocks take lead from weaker Wall St. * Spreadbetters see lower open for European bourses. * Iran talks extend past deadline, crude extends losses.