| STOCK FALLS |
| The News You Need Before You Need It |
For the first time in a generation, Social Security recipients will not get a cost-of-living increase in their monthly checks — not next year nor the year after.
View original here:
Irwin Kellner: ‘Diet COLA’ for Social Security recipients
Chinese oil producer Cnooc is in talks with Nigeria to buy stakes in some of the world’s richest oil blocks in the African nation, according to a published report.
Go here to see the original:
Cnooc in talks to buy stakes in Nigeria fields
Angela Merkel is not the first name you think of when you ponder the wellspring of the next market bubble. But in a few years, her victory in the German elections will be seen as the first snowflake in the avalanche of the next boom and bust
Here is the original:
David Weidner’s Writing on the Wall: Merkel win: Wellspring for the next bubble
India’s state-owned Air India is considering a suspension of its operations for about 15 days after the management’s talks with pilots fails to break a deadlock over pay issues.
More here:
Air India mulls 15-day flight suspension: reports
South Korea’s current-account surplus more than halves in August from the previous month, as automobile and ship exports fall.
Excerpt from:
Economic Report: South Korea August current account surplus falls
Canada’s benchmark stock index closes more than 100 points higher, lifted by natural resource stocks and a rally in Bombardier shares after the transportation company wins a Chinese rail deal.
Original post:
Canadian Markets: Canada’s TSX adds 126 points on Bombardier lift
Japanese consumer prices post their sharpest monthly drop in August since at least 1971, according to government data Tuesday.
View original here:
Economic Report: Japanese prices set record decline in August
Shares of the biotech group tumble more than 44% in late trading after the company fires its chief executive and other officers following an inquiry into mishanded data.
Original post:
Sequenom shares plunge after CEO, others fired
The euro is heading back toward a key level against the dollar but share prices for European companies appear relatively resilient in the face of what in previous times has been a headwind for corporate profits.
Continued here:
European Stocks to Watch: European firms seen weathering euro rise for now
Treasurys inch higher, sending yields lower, on lingering appetite for the safety of government debt and quarter-end window dressing.
Read the original:
Bond Report: Treasurys advance as banks, fund managers buy in
