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UPDATE 1-China July factory growth unexpectedly stalls - official PMI survey

*Sluggish readings add to views economy needs more stimulus. BEIJING, Aug 1- Growth at China's big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump. It did not mention any impact...
Source: Reuters
Asian equities open mixed on soft US lead, Japan data

Asian equities opened mixed on Friday, tracking a confluence of negative factors such as an uninspiring lead from the U.S. overnight.
Source: CNBC.com | By: See Kit Tang
Asian equities mostly higher, but Shanghai Comp bucks trend

Asian equities mostly edged up on Friday, as investors took heart from less volatile share moves in the mainland.
Source: CNBC.com | By: See Kit Tang
UPDATE 2-Oil holds steady on big U.S. stock draw; strong dollar caps prices

*Concerns over U.S. rig increase "overblown"- Morgan Stanley. U.S. crude stockpiles fell by 4.2 million barrels in the week to July 24, more than twenty times analysts' expectations of a decrease of 184,000 barrels, Energy Information Administration data showed. The large drawdown in stocks could be short-lived, said Tony Nunan, oil risk manager at Tokyo's...
Source: Reuters | By: Keith Wallis
COLUMN-Asia LNG output vs regas capacity mismatch looming: Russell

LAUNCESTON, Australia, July 30- What could go wrong for liquefied natural gas in Asia to derail the current consensus of strongly rising demand being met by supply that is increasing even faster? Other projects being built in Russia, Indonesia, Malaysia and Africa will take the total LNG output capacity to 423.7 million tonnes by 2020, up from 301.2 million...
Source: Reuters
UPDATE 1-Oil climbs on big U.S. stock draw; strong dollar caps gains

*$60- $70 a barrel "more sustainable"- oil risk manager. U.S. crude stockpiles fell by 4.2 million barrels in the week to July 24, more than twenty times analysts' expectations of a decrease of 184,000 barrels, Energy Information Administration data showed. The large drawdown in stocks could be short-lived, said Tony Nunan, oil risk manager at Tokyo's Mitsubishi...
Source: Reuters | By: Keith Wallis
EDD-Oil climbs on big U.S. stock draw; strong dollar caps gains

SINGAPORE, July 30- Oil prices extended gains in Asian trade on Thursday, after a larger than expected draw in U.S. crude and gasoline stocks strengthened the outlook for oil demand. U.S. crude stockpiles fell by 4.2 million barrels in the week to July 24, more than twenty times analysts' expectations of a decrease of 184,000 barrels, Energy Information...
Source: Reuters | By: Keith Wallis
Barclays ramps up selloffs as profits rise

New Barclays Chairman John McFarlane will wield the axe even more quickly at the bank, it emerged Wednesday.
Source: CNBC.com | By: Catherine Boyle
Are the world's most upbeat consumers feeling down?

Consumers in Southeast Asia remain the most upbeat globally, but external and domestic fears may be dampening their optimism, according to a new survey by Nielsen.
Source: CNBC.com | By: See Kit Tang
A 0.1% Fed rate hike? Some think it could happen

Recent chatter has suggested the Fed may hike by 0.10 percentage points in its first move after keeping its key rate near zero for the nine years.
Source: CNBC.com | By: Jeff Cox