Bloomberg
Bloomberg
Page 948 - Bloomberg/reuters
Welcome to quantitative tightening as $12-trillion forex reserves fall
Following financial crises in the late 1990s forex by central banks fell to $11.43 trillion in the first quarter from a peak of $11.98 trillion in the middle of last year, according to the IMF
 "Welcome to quantitative tightening as $12-trillion forex reserves fall")
China, Russia might expand deal to include engine design
President Vladimir Putin is pursuing ties with Beijing as a counterweight to the US and European influence after relations with western powers soured over the conflict in Ukraine
China's overnight rate rises most in six months before holidays
Chinese financial markets will be closed on Thursday and Friday for World War II victory day holidays and one-day inter-bank borrowing won't need to be repaid until Sunday
 "Global rout eases on China holidays")
 "Goldman Sachs sees snap back in China stocks")
Oil tumbles most in 7 mnths after biggest gain in 25 yrs
China's official Purchasing Managers' Index (PMI) dropped to 49.7 in August from 50 in July
 "Oil tumbles most in 7 mnths after biggest gain in 25 yrs")
Rise in share pledges amid market decline
Infra and materials among sectors with highest pledges; companies with high stock pledges a red flag for Blackrock
 "Rise in share pledges amid market decline")
At 2 pm in China, market rescue suddenly switches on
Investors should be wary about assuming the pattern of afternoon rallies will continue over the long term, said a strategist
Brazil's economic crisis is destroying the helicopter market
Flights are down by a third in Sao Paulo, where rooftop helipads dot business and residential districts
 "Brazil's economic crisis is destroying the helicopter market")
Japan set for first flight of Regional Jet in late October
Japan aims to penetrate the passenger jet industry with Mitsubishi Regional Jet, its first passenger jet ever
Global stocks drop in worst month since 2012; crude rallies
The rout in global equities this month has erased more than $5 trillion from the value of shares in August
 "Global stocks drop in worst month since 2012; crude rallies")
 "VW ordered to sell $3.8-bn Suzuki stake as tie-up ends")
The only thing Serena Williams struggles to win is endorsements
Although Williams is known by 67% of the US population compared with 39% for Sharapova, the Russian "appeals" much more to male sports fans
 "The only thing Serena Williams struggles to win is endorsements")
Thousands converge in Kuala Lumpur to demand prime minister's ouster
The political upheaval is spurring capital flight amid a worsening global economy