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UK bank stress tests: RBS and StanChart near-misses

Royal Bank of Scotland and Standard Chartered, the U.K.-based banks, scraped through the country's bank stress tests.
Source: CNBC.com | By: Catherine Boyle
Asian equities close higher; Nikkei hits 20,000

Asian markets closed mostly in positive territory as investors shrugged off a lower finish on Wall Street and a miss on China PMI.
Source: CNBC.com | By: CNBC.com staff
GLOBAL MARKETS-Asian shares rally, shrug off China PMIs

TOKYO, Dec 1- Asian shares were solidly higher on Tuesday, as investors latched on to tentative signs of stabilization in China even as twin factory surveys highlighted the fragile state of the world's second-largest economy. Financial spreadbetters predicted the buoyant mood to carry over to European trading, with Britain's FTSE 100 seen opening as much as...
Source: Reuters | By: Lisa Twaronite
OPEC: Are we going to see a Saudi change of heart?

What do you do when you your carefully crafted plan simply doesn't pay off? Do you abandon it, cut your losses and risk losing face?
Source: CNBC.com | By: Carolin Roth
Greek banks hit by bitcoin ransom demand

Hackers have targeted three Greek banks, demanding a ransom from each lender of 20,000 bitcoin, the FT reports.
Source: Financial Times | By: Kerin Hope and Peter Campbell
UPDATE 2-China factory activity hits 3-year low in November - official PMI

*China official PMI shows manufacturing at 3- year low. BEIJING, Dec 1- Manufacturing activity in China hit a three-year low in November, an industry survey showed Tuesday, supporting the case for more accommodative policies as authorities seek to prop up growth in the world's second largest economy. China's National Bureau of Statistics' official Purchasing...
Source: Reuters | By: Sue-Lin Wong and Xiaoyi Shao
Europe to open higher, buoyed by Asia

European equities are expected to open higher Tuesday, buoyed by firm trading in Asia.
Source: CNBC.com | By: Holly Ellyatt
GLOBAL MARKETS-Asian shares log solid gains, shrug off China PMI

TOKYO, Dec 1- Asian shares were solidly higher on Tuesday, shrugging off a Chinese factory survey that did little to ease concerns about cooling growth and taking some comfort from a private survey showing a glimmer of stabilization. MSCI's broadest index of Asia-Pacific shares outside Japan extended early gains and was up 1.6 percent, while Japan's Nikkei was...
Source: Reuters | By: Lisa Twaronite
Gold rallies 1% on short covering, drop in dollar

Gold jumped nearly 1 percent on Tuesday, extending gains above a near-six-year low on short covering and as the dollar dipped from multi-month highs.
Source: Reuters
UPDATE 1-Brazil sues BHP, Vale for $5 bln in damages for mine disaster

BRASILIA, Nov 30- Brazil filed a lawsuit on Monday against two of the world's largest mining companies for 20 billion Brazilian reais to clean up what it says was its worst environmental disaster, caused by the collapse of a tailings dam. The governments of Brazil and those of two states hit by the damburst sued iron ore operator Samarco and its co-owners, the...
Source: Reuters | By: Anthony Boadle