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Nerves ahead of US jobs bring down Asian stocks

Asian stocks declined on Friday, as investors awaited the U.S. nonfarm payrolls report for August that may play a crucial role in the Federal Reserve's decision about when to lift interest rates.
Source: CNBC.com | By: See Kit Tang
GLOBAL ECONOMY-U.S. and euro zone business improves, Asia a concern

JPMorgan's Global All-Industry Output Index, produced with private data vendor Markit, held steady at July's 53.7 last month and has been above the 50 mark that divides growth from contraction since October 2012. Markit's global service sector purchasing managers index rose to 54.4 in August from 54.1 in July, though on Tuesday the world manufacturing PMI...
Source: Reuters | By: Jonathan Cable and Clive McKeef
Europe ends sharply higher after Draghi raises QE hopes

European markets ended sharply higher on Thursday as the European Central Bank hinted that its asset-purchase program would be increased.
Source: CNBC.com | By: Jenny Cosgrave
Pace of global business growth held steady in Aug -PMI

JPMorgan's Global All-Industry Output Index, produced with Markit, held steady at July's 53.7 last month. "Scratching beneath the headline numbers, however, reveals an ongoing disparity between the relatively strong performance of the developed nations whereas growth in the emerging markets is quite weak," said David Hensley, a director at JPMorgan.
Source: Reuters
EUROPE ECONOMY-Euro zone business growth at four-year high, France lags further

*Markit says PMI points to Q3 GDP growth of 0.4 pct. LONDON, Sept 3- Euro zone business activity accelerated at its fastest pace in more than four years last month, according to surveys that highlighted an ongoing divergence between laggard France and the other big economies in the currency bloc. The data, which come as official numbers showed retail sales rose less...
Source: Reuters | By: Jonathan Cable
UPDATE 1-UK growth set to slow after services sector gauge hits two-year low

Financial data company Markit, which compiled the figures, said Britain's overall economic growth rate was likely to slow to 0.5 percent in the three months to September from an above-average 0.7 percent in the second quarter. "Even after allowing for usual seasonal influences, August saw an unexpectedly sharp slowing in the pace of economic growth," Markit's...
Source: Reuters | By: David Milliken
UK growth set to fall back after services sector weakens -PMI

Financial data company Markit, which compiled the figures, said Britain's overall economic growth rate was likely to slow to 0.5 percent in the three months to September from an above-average 0.7 percent in the second quarter. "Even after allowing for usual seasonal influences, August saw an unexpectedly sharp slowing in the pace of economic growth," Markit's...
Source: Reuters | By: David Milliken
Euro zone business growth at 4-year high: PMI

Euro zone business activity accelerated at its fastest pace in more than four years last month as Italy turned in its best performance since early 2011 and German growth strengthened, surveys showed on Thursday.
Source: Reuters
Euro zone Aug business growth at four-year high, still weak -PMI

*Markit says PMI points to Q3 GDP growth of 0.4 pct. "The PMI is indicating euro area GDP growth close to 0.4 percent in the third quarter, a solid albeit unspectacular rate of expansion," said Chris Williamson, chief economist at survey compiler Markit. Markit's final August Composite Purchasing Managers' Index beat an earlier estimate of 54.1, settling at 54.3-- its...
Source: Reuters | By: Jonathan Cable
Asian shares mostly recover with China markets closed

Asian stocks mostly recovered on Thursday as investors took heart in a positive finish on Wall Street overnight.
Source: CNBC.com | By: See Kit Tang