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US will 'pay the price' for putting anti-missile system in SKorea, Beijing says

The U.S. and South Korea are "destined for a proper counter-attack" for their THAAD defense system deal, the Communist Party's mouthpiece says.

Source: CNBC.com

Macau gambling revenue rises a second month after two-year decline

HONG KONG, Oct 1- The world's biggest casino hub of Macau posted a better than expected 7.4 percent rise in gambling revenue in September, marking the second consecutive month of growth after more than two years of decline, as new resorts spur spending in the southern Chinese territory. A specially administered region of China, Macau is the only place in the...

Source: Reuters

UPDATE 2-Petronas weighs sale to exit $27 bln Canada LNG project - sources

*Looking at gas prices, costs before final decision- source. KUALA LUMPUR/ MILAN, Sept 30- Malaysian state oil firm Petroliam Nasional Bhd is considering selling its majority stake in a $27 billion Canadian liquefied natural gas plant, three people familiar with the matter said this week. Petronas was given the go-ahead for the C $36 billion project by the Canadian...

Source: Reuters

China official PMI shows factory activity continued apace in September

The official Purchasing Managers' Index stood at 50.4 in September, identical to August's level, which may indicate recent positive momentum can be sustained.

Source: Reuters

REFILE-UPDATE 1-China factory activity expands again in September - official PMI

*Official Sept reading is 50.4, same as August. BEIJING, Oct 1- Activity in China's manufacturing sector expanded again in September, an official survey showed on Saturday, which may indicate that recent positive momentum can be sustained. After a significant pick-up in March, China's official PMI slipped, falling below 50 in July before showing expansion in...

Source: Reuters

UPDATE 1-China's yuan joins elite club of IMF reserve currencies

BEIJING, Oct 1- China's yuan joins the International Monetary Fund's basket of reserve currencies on Saturday in a milestone for the government's campaign for recognition as a global economic power. China will use this opportunity to further deepen economic reforms and open up the sector to promote global growth, the central bank added.

Source: Reuters

UPDATE 1-China factory activity expands again September - official PMI

*Official Sept reading is 50.4, same as August. BEIJING, Oct 1- Activity in China's manufacturing sector expanded again in September, an official survey showed on Saturday, which may indicate that recent positive momentum can be sustained. After a significant pick-up in March, China's official PMI slipped, falling below 50 in July before showing expansion in...

Source: Reuters

UPDATE 1-South Korea Sept exports down, as expected due to Hyundai strikes

SEOUL, Oct 1- South Korean exports in September fell, as expected, after posting the first rise in 20 months in August, as slightly fewer working days and a strike at the biggest automaker hit shipments, data showed on Saturday. Exports fell 5.9 percent on-year to $40.86 billion in September while imports slipped 2.3 percent to $33.76 billion, trade ministry data...

Source: Reuters

Labor Action at The Philadelphia Orchestra in Contrast to Era of Progress

PHILADELPHIA, Sept. 30, 2016/ PRNewswire-USNewswire/-- Leadership of The Philadelphia Orchestra expressed its regret today that its musicians have chosen to stage a labor action at the crest of what has been one of the most significant turnaround periods in the long and storied history of the orchestra and at the opening of Yannick Nézet-Séguin's fifth...

Source: PR Newswire

China official services PMI rises to 53.7 for September

BEIJING, Oct 1- Activity in China's services industry expanded in September at a slightly faster pace than the previous month, an official survey showed on Saturday. The official non-manufacturing Purchasing Managers' Index stood at 53.7 in September, compared to the previous month's reading of 53.5. China is counting on growth in services to offset...

Source: Reuters