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China's latest pick-me-up: A massive military parade

A parade of military firepower may be Beijing's latest means of reinforcing its legitimacy in the eyes of mainland citizens.
Source: CNBC.com | By: Nyshka Chandran
GLOBAL ECONOMY-China manufacturing contracts, Korea exports slump as Asia's woes deepen

*China official PMI at 3- year low; Markit reading at 6-1/ 2 yr low. The Chinese government's measure of manufacturing showed activity contracted at the fastest pace in three years, while a survey by Markit, which focuses more on smaller, private firms, showed the factory sector's weakest performance in 6-1/ 2 years. Even China's services sector, which has been one of...
Source: Reuters | By: Winni Zhou and Christine Kim
New boss of Frisch's Big Boy restaurants plans expansion

CINCINNATI- The new leader of the Frisch's Restaurants chain wants to flex Big Boy's brand muscle with franchise expansion, new restaurant shapes and sizes, menu and beverage additions, and doing more to court younger customers. Atlanta- based NRD Capital has taken over after shareholder approval last week of its $175 million acquisition that ended family...
Source: The Associated Press | By: By DAN SEWELL, Associated Press
METALS-Copper eyes seventh weekly loss on China gloom

*China flash PMI shrinks at fastest pace in nearly 6-1/ 2 years. *China refined nickel imports nearly double in July. LONDON, Aug 21- Copper tumbled on Friday, heading for a seventh consecutive weekly loss, as poor factory data in China sparked alarm in global markets and fanned fears of a slide in metals consumption in the world's top copper buyer.
Source: Reuters | By: Maytaal Angel
METALS-LME copper eyes 7th weekly loss on China woes; holds $5,000

*China refined nickel imports nearly double in July. *China aluminium semis exports second lowest this year. MELBOURNE, Aug 21- London copper resumed its fall on Friday and was facing its seventh weekly loss, as poor factory growth in China fanned fears its economy was worsening, but the $5,000 support level held for now.
Source: Reuters | By: Melanie Burton
Brazilian protesters call for president's ousting

Tens of thousands of protesters returned to the streets of cities across Brazil on Sunday to express their ire against President Dilma Rousseff. The NYT reports.
Source: The New York Times | By: Simon Romero
India, EU working to end trade huff over generic drugs

NEW DELHI, Aug 17- India and the European Union are taking steps to end a trade row sparked by an EU ban on Indian pharmaceutical products that New Delhi responded to by canceling talks on a free trade accord with its largest trading partner, officials said. The E.U. Trade Commission says it did not get the letter from Modi's office on the ban, which is linked to flaws in...
Source: Reuters | By: Manoj Kumar
Ethanol acts as lone bright spot amid China commodity gloom

NEW YORK/ BEIJING, Aug 17- Recent news from China makes depressing reading for commodities producers, with a slowing economy, tumbling stock prices and a currency devaluation all signaling weaker demand. China's a place where everyone looks and says,' what if, "' said Jordan Fife, a merchant with BioUrja Trading LLC in Houston. State-run grain trader China National...
Source: Reuters | By: Chris Prentice and Niu Shuping
GOP debate: Winners, losers, and then there's Trump

Republican presidential hopefuls had a doozy of a first debate. Here are the winners and losers, and the man who makes conventional losing, winning.
Source: CNBC.com | By: Daniel Libit
Bad taste: Street spits out Keurig Green Mountain

Wall Street gave up on Keurig Green Mountain with many analysts slashing price targets nearly in half as the company reported disappointing results.
Source: CNBC.com | By: Tae Kim