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Asian Stocks Fall on China Manufacturing, Moody’s Spain Review

Asian stocks fell, dragging down the MSCI Asia Pacific Index by the most in more than three weeks, after Chinese manufacturing growth slowed and Moody’s Investors Service said it may cut Spain’s top credit rating.

Fed Officials Avoid Talk of Further Stimulus

Policy makers express caution about the outlook for the U.S. recovery and bank lending without backing any new steps by the central bank to stimulate growth

Goldman Could Have Managed Reputational Risks Better, Cohn Says

Goldman Sachs Group Inc. could have done a better job managing reputational risks as it navigated the credit crisis and has since reconsidered some decisions, said President and Chief Operating Officer Gary Cohn

Toyota Says 270, 000 Vehicles Have Faulty Engines

TOKYO (AP) — Toyota said Thursday about 270,000 vehicles sold worldwide, including Lexus sedans, have faulty engines, but the company did not say whether it would recall the automobiles.

Crude Oil Falls Under First Level of Support, Gold Facing Crosscurrents

Though Wednesday’s oil inventory report was neutral for prices, crude oil is at no loss for potential catalysts. Key technical levels are being tested and significant fundamental uncertainty persists. Gold is caught between two powerful forces

Latin America’s Economies Surge Forward

With recovery fragile elsewhere, Latin America benefits from strong demand and past economic measures.

China Manufacturing Slows for Second Month, PMI Shows

China’s manufacturing growth slowed more than economists forecast in June, adding to signs that the world’s fastest-growing major economy is cooling.

Hurricane Alex Hits Mexico, Skirts Oil Rigs

Hurricane Alex has hit the Mexican coast south of the U.S. border,  flooding towns far inland, but the powerful storm stayed clear of oil fields to the relief of crude markets.