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UPDATE 1-Yahoo CEO Marissa Mayer says expecting twin girls

(Adds background) Sept 1 (Reuters) - Yahoo Inc Chief Executive Marissa Mayer announced she is pregnant with identical twin girls, likely due in December. Not that it's going to slow her down much. "Since this is a unique time in Yahoo's transformation, I plan to approach the pregnancy and delivery as I did with my son three years ago, taking limited time away and working throughout," Mayer ...
Source: Reuters
Samsung launches smartwatch in Apple fightback

Samsung (: 593'A-KR) has taken the wraps off its latest smartwatch - the Gear S2 - as it looks to find a winning product to take on Apple (NASDAQ: AAPL) in the rapidly growing wearables market. The Gear S2 is the South Korean electronics giant's first round-faced smartwatch and will come in two versions - a sporty model for those "on-the-go," and the "Classic" which offers a simpler design ...
Source: CNBC.com | By: Arjun Kharpal
US to hit Chinese hackers with sanctions

The White House is preparing sanctions on Chinese individuals and companies as it tries to pressure Beijing to stop its alleged cyber theft of commercial and economic information from US organisations. Three people familiar with the situation said the White House had created sanctions to tackle what President Barack Obama sees as a growing threat to US economic and security interests. Chinese ...
Source: Financial Times | By: Demetri Sevastopulo in Washington
Yahoo CEO Marissa Mayer says expecting twin girls

Sept 1 (Reuters) - Yahoo Chief Executive Marissa Mayer is pregnant with identical twin girls, likely due in December, she said in a blog post. "Since this is a unique time in Yahoo's transformation, I plan to approach the pregnancy and delivery as I did with my son three years ago, taking limited time away and working throughout," Mayer wrote in a post early Tuesday. Yahoo said in its ...
Source: Reuters
Clinton, aides stressed protecting State Dept info in email

WASHINGTON (AP) - Hillary Rodham Clinton and her aides at the State Department were acutely aware of the need to protect sensitive information when discussing international affairs over email and other forms of unsecure electronic communication, according to the latest batch of messages released by the agency from Clinton's tenure as secretary of state. The State Department made public roughly ...
Source: The Associated Press | By: By LISA LERER and MATTHEW LEE, Associated Press
China August home prices rise for 1st time in 2015-surveys

BEIJING, Sept 1 (Reuters) - Chinese home prices rose in August for the first time this year compared with year ago levels, two private surveys showed on Tuesday, adding to signs of recovery in the property sector that could take some pressure off the slowing economy. Prices of new homes in 288 cities rose an average 0.07 percent in August from a year earlier, the first year-on-year rise since ...
Source: Reuters
UPDATE 2-S.Korea Aug exports fall most in 6 yrs, raises rate cut prospect

* Aug exports -14.7 pct y/y (Reuters poll -10.0 pct) * Aug CPI +0.7 pct y/y (Reuters poll +0.7 pct) * Some investment banks cut GDP views, call for rate cut * Exports hobbled by China, Korea's biggest market (Updates throughout) SEOUL, Sept 1 (Reuters) - South Korean exports posted their worst fall in six years in August as global demand wobbled, prompting some investment banks to trim this ...
Source: Reuters | By: Christine Kim
Indian consumers offer a ray of hope after glum economic data

MUMBAI, Sept 1 (Reuters) - The rescue of India's economy may come down to the spending power of people like 26-year-old Avni Rambhiya. A financial analyst, she recently received a pay rise, is eating out more often and has stopped bringing home-cooked meals to the office in a tiffin, the traditional Indian lunchbox. "Our salary increases have been on an average 10 to 12 percent...," the ...
Source: Reuters | By: Rafael Nam and Suvashree Choudhury
UPDATE 1-China Aug factory activity shrinks at fastest pace in 3 yrs, services cool

services cool@ (Combines factory and service activity surveys, adds details) * Sluggish readings add to views economy needs more stimulus * August official factory PMI 49.7, vs 50.0 in July * New orders sub-index at 49.7, vs July's 49.9 * Official services PMI 53.4, vs 53.9 in July BEIJING, Sep 1 (Reuters) - Activity in China's manufacturing sector contracted at its fastest pace in three years ...
Source: Reuters
UPDATE 1-S.Korea Aug exports mark worst fall in 6 yrs, inflation steady

(Adds analyst comment, combines data) * Aug exports -14.7 pct y/y (Reuters poll -10.0 pct) * Aug imports -18.3 pct y/y (Reuters poll -14.9 pct) * Aug CPI +0.7 pct y/y (Reuters poll +0.7 pct) SEOUL, Sept 1 (Reuters) - South Korea's exports fell for an eighth straight month in August and at the fastest pace since 2009, preliminary data showed on Tuesday, as an economic slowdown in its biggest ...
Source: Reuters | By: Christine Kim