STATIONARY MOMENTUM: Vehicles stuck in a traffic jam in Beijing. Growth in Chinese manufacturing activity slowed in August, losing momentum as waning stimulus effects weigh on the economy. (China Out, AFP)
In other news
Prime Minister Shinzo Abe's plan for Japan's economy to generate self-sustained growth appears to be faltering, but no magic solution is in sight.
Risk appetite has flickered back into life in financial markets with the dollar, European and Japanese shares rising while safe-haven bonds took a step back.
Ascendis Health expects statutory headline earnings per share and earnings per share for the full year to be between 64 cents and 67c per share.
Construction output in Britain has grown at its fastest pace in seven months in August, boosting job creation but also putting strain on suppliers.
US-designed smartphone application Uber, that connects passengers with cars for hire, has been blocked from operation in Germany by a court injunction.
Money management program 22seven has announced that it would no longer charge for subscription.
Japanese space scientists have unveiled the asteroid hunting space probe they hope to launch later this year on a mission to mine a celestial body.
European shares have risen in early trade, bouncing within a recent tight range as investors await the European Central Bank's policy decision later this week.