Business Today: Stock futures up on China data

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE

Good Morning Aron, MON 01 Nov 2010    Stock futures up on China data China and India lead the way in Asia and UK perks up China manufacturing growth leaps past forecasts Consumer spending edges up in September AIG raises enough to pay off NY Fed credit line Japan watchdog checking brokers on compliance: source Google gaining on booming smartphone market China should allow stronger yuan: Goldman executive BHP in no rush to raise Potash bid ahead of ruling China defies slowdown predictions Honda upbeat profit cant lift shares Economy dominates Nevada Senate Race Stock futures up on China data November 01, 2010 08:14 AM ET NEW YORK (Reuters) - U.S. stock index futures rose on Monday, buoyed by strong Chinese manufacturing data as investors awaited a new batch of economic reports to kick off a week marked by mid-term elections and the U.S. Federal Reserve's monetary policy meeting. Full Article China and India lead the way in Asia and UK perks up November 01, 2010 06:44 AM ET BEIJING/LONDON (Reuters) - Manufacturing growth in China and India powered ahead last month and UK industry also picked up steam, data showed on Monday, countering sluggishness in the U.S. economy and a faltering Japanese recovery. Full Article China manufacturing growth leaps past forecasts November 01, 2010 08:27 AM ET BEIJING (Reuters) - China's factories ramped up their production last month and were buoyed by an influx of new business, highlighting the strength of the world's second-largest economy but also pointing to price pressures. Full Article Consumer spending edges up in September November 01, 2010 08:36 AM ET WASHINGTON (Reuters) - U.S. consumer spending rose by less than expected in September as income fell for the first time in 14 months, while inflation remained muted, according to a government report on Monday that reinforced expectations of more monetary stimulus from the Federal Reserve this week. Full Article AIG raises enough to pay off NY Fed credit line November 01, 2010 08:12 AM ET NEW YORK (Reuters) - Bailed-out insurer AIG raised $27.71 billion cash in 10 days with the initial public offering of its Asian life business AIA and the sale of its global life unit Alico, enough to repay a credit facility from the Federal Reserve Bank of New York. Full Article Japan watchdog checking brokers on compliance: source November 01, 2010 12:38 AM ET TOKYO (Reuters) - Japan's securities industry regulator is conducting interviews with brokerages in connection with suspicious trading ahead of new share offers, a source familiar with the matter said on Monday. Full Article Google gaining on booming smartphone market November 01, 2010 07:21 AM ET HELSINKI (Reuters) - Google's Android software platform rose to No. 2 spot globally on the booming smartphone market in the third quarter, research firm Canalys said on Monday. Full Article China should allow stronger yuan: Goldman executive November 01, 2010 08:26 AM ET BEIJING (Reuters) - China should let the yuan rise further to help its transition toward a consumption-based economy, although there is no clear evidence the currency is undervalued, a senior executive at Goldman Sachs said on Monday. Full Article BHP in no rush to raise Potash bid ahead of ruling November 01, 2010 05:53 AM ET MELBOURNE/SYDNEY (Reuters) - BHP Billiton needs to clear three hurdles over the next week before it will be free to raise its $39 billion bid for Potash Corp, as widely expected. Full Article

REUTERS www.reuters.com Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book.Details Subscribe to other Reuters newsletters Unsubscribe from this newsletter. Send this mailing to a friend or colleague Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers