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Economic growth to soften

Economic growth figures out on Wednesday are expected to show a deterioration.

German, French stocks fall more than 3%

German and French stocks have fallen more than 3 per cent in mid-morning trade on concerns about the state of the Chinese economy.

HK, Shanghai shares fall on weak data

Hong Kong shares have fallen 2.24 per cent and Shanghai 1.23 per cent on the back of weak Chinese manufacturing data.

Housing, food drive manufacturing growth

Australia's manufacturing sector expanded for a second month in August, driven by growing residential building activity and demand for food and beverages.

Rates set to stay on hold

The Reserve Bank has left the cash rate at a record low of two per cent, noting recent market volatility but also a strengthening US economy.

Aussie tipped to dip below 60 US cents

Deutsche Bank's Australian chief economist says the Aussie dollar could sink below 60 US cents to its lowest level since at least early 2003.

Myer asks for $221m after profit slumps

Myer is tapping shareholders for $221m and has signed up Topshop to help revamp its department stores.

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