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Second suspect arrested in Bangkok blast probe

Thai police arrested a second foreign suspect in the country's deadliest bombing on Tuesday and said they believed he played an important role, but could not confirm he was the man seen in a yellow T-shirt leaving a backpack at the scene of the blast. The August 17 explosion ripped through a Hindu shrine in the Thai capital, killing 20 people and injuring more than 100. Fourteen foreigners ...
Source: Reuters
Expect more weakness in oil ahead: Expert

After enjoying a big, three-day rally, oil tumbled Tuesday and several energy pros don't see things getting better anytime soon. U.S. crude (New York Mercantile Exchange: @CL.1) closed down 7.7 percent lower at $45.41 a barrel Tuesday, after China's official Purchasing Managers' Index (PMI) dropped to 49.7 in August from 50.0 in July. The data reinforced fears about slowing growth and global ...
Source: CNBC.com | By: Michelle Fox
Chinese firms increase support for stock market

Major Chinese brokerages stepped up their contributions to support the stock market Tuesday, according to filings on the Shanghai Stock Exchange website. The new allocations from the firms, many state-owned, come amid increasing pressure for the government to prop up the collapsing stock market. The Shanghai composite (Shanghai Stock Exchange: .SSEC) is now in a bear market but was touted ...
Source: CNBC.com | By: Evelyn Cheng
Here's why it can get much worse: Technician

In the U.S. stock market, the tail could be wagging the dog. According to top technician Carter Worth, the growing presence of exchange-traded funds is playing a significant role in the price action in equities. And by his work, that could lead to a lot more selling. "A lot of individual stocks, it turns out, were being influenced not by what was going on at the stock level but at the ETF ...
Source: CNBC.com | By: Leanne Miller
Apple is beating enterprise tech at its own game

The biggest consumer technology companies are taking over the enterprise realm. Just as Amazon.com's (NASDAQ: AMZN) cloud-computing business is reeling in ever larger businesses onto its servers, Apple (NASDAQ: AAPL) is formalizing its place in corporate data centers. On Monday, Apple announced a partnership with networking giant Cisco (NASDAQ: CSCO) to tightly integrate iPhones and iPads into ...
Source: CNBC.com | By: Ari Levy
REFILE-UPDATE 2-Thailand arrests second foreign suspect in Bangkok blast probe

probe@ (Corrects "last month" to July in last paragraph) * Second suspect arrested in province bordering Cambodia * Comes after foreign suspect detained at weekend * Thai woman suspect contacts police, family says she is in Turkey BANGKOK, Sept 1 (Reuters) - Police hunting those responsible for Thailand's deadliest bombing arrested a second foreign suspect on Tuesday, Prime Minister Prayuth ...
Source: Reuters | By: Aukkarapon Niyomyat, Pracha and Hariraksapitak
Man Group falls after report about China police probe

Shares in British hedge fund manager Man Group (London Stock Exchange: EMG-GB) fell more than 6 percent in early trade on Tuesday following a report that the head of its China unit had been taken into custody as part of a probe into the country's recent market volatility. Bloomberg reported on Monday that Man's China chairwoman, Li Yifei, was helping authorities investigating the recent sharp ...
Source: Reuters
UPDATE 1-Man Group shares fall after report China head helping police probe

(Adds background, comments from Li's husband, updates share price) LONDON/BEIJING Sept 1 (Reuters) - Shares in British hedge fund manager Man Group Plc fell more than 6 percent in early trade on Tuesday following a report that the head of its China unit had been taken into custody as part of a probe into the country's recent market volatility. Bloomberg reported on Monday that Man's China ...
Source: Reuters | By: Simon Jessop and Shu Zhang
Cramer: Big, bad rate hike built into stock prices

Jim Cramer has watched as investors continue to wait for the big event or news that will send the market down gigantically, to slay the bulls and finally bring in the bear. They have hung on to every word from the Fed , waiting for the rate hike hammer to drop. But what if it already happened? After the market had the worst August in five years, Cramer can only use that data to come to the ...
Source: CNBC.com | By: Abigail Stevenson
Cramer: Big, bad rate hike built into stock prices  

Media Link Transcript My mission is simple. You money. Wanna get some. Morning. I'm Cramer. Welcome it might. What are. Are you wanna make friends and is trying to save some money my job is that just entertainment to put it in perspective into teaching Coach so call me 107 were three CBC. Or tweet me act Jim Cramer. Oh we keep what you predict. The municipal send us downside. Slaying of goal ...
Source: CNBC.com