IMF Managing Director, Christine Lagarde, giving a public lecture at the University of Indonesia in Jakarta today. Photograph: Mast Irham/EPA.
... * China official PMI at 3-year low; Markit reading at 6-1/2 yr low. * China services sector growing, but at slower pace. * European factory growth rates weakened in August.
Asian shares started a global selloff after a gauge of Chinese manufacturing fell to a three-year low. European stocks followed after data pointed to weaker growth in the region, and the slump spread to the U.S.
LONDON Oil prices fell sharply on Tuesday after official data showed China's manufacturing sector, one of the main engines powering the world's biggest energy consumer, contracted at its fastest pace in three years.
Marissa Mayer is expecting identical twin girls! The Yahoo CEO, 40, shared the happy news on her Tumblr Monday night, writing that the "twins part was quite a surprise, because I have no family history of twins or any other predisposing factors.