Investors brace for stocks to fall again ahead of earnings

NEW YORK - The global market volatility of the past month that sent U.S. stocks to their worst quarter in four years shows no signs of letting up just because the calendar turned to October.

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Pimco fund posts $2.3 billion net outflows in September

- Investors pulled $2.3 billion in assets from Pacific Investment Management Co's flagship fund in September, up from $1.8 billion the previous month, as market sentiment soured over persisting concerns of the impact of Chinese slowdown on the global economy and oil prices slid further.

02 Oct 2015

Volkswagen starts telling customers if affected by emissions scandal

BERLIN/BRUSSELS - Two weeks after it admitted to cheating diesel emissions tests, Volkswagen provided the first information on Friday allowing customers to find out if their vehicles are affected. | Video

Pacific Rim nations close in on a landmark trade deal

ATLANTA - Pacific trade ministers are optimistic of closing a sweeping Pacific Rim trade deal after progress on Friday on hurdles involving autos, dairy products and intellectual property protections for expensive biologic drugs.

02 Oct 2015

Exclusive: TPP would include auto market opening for Japan - source

ATLANTA - A U.S.-Japan agreement on autos trade as part of a sweeping Pacific Rim trade deal would have its own dispute settlement mechanism, including penalties, if Japan does not open its market enough to U.S. vehicles, a source close to the negotiations said on Friday.

02 Oct 2015

DoubleLine's Gundlach: risk assets globally face 'another wave down'

NEW YORK - DoubleLine Capital co-founder Jeffrey Gundlach, widely followed for his investment calls, warned after a weak non-farm payrolls report on Friday that the U.S. equity market as well as other risk markets including high-yield "junk" bonds face another round of selling pressure.

02 Oct 2015


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