⭐ Start off 2025 with a powerful boost to your portfolio: January’s freshest AI-picked sharesUnlock shares

PRESS DIGEST - Wall Street Journal - Oct 1

Published 01/10/2015, 03:20 pm
Updated 01/10/2015, 03:28 pm
© Reuters.  PRESS DIGEST - Wall Street Journal - Oct 1
ANZ
-

Oct 1(Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- The long-serving chief executive of Australia & New Zealand Banking Group Ltd ANZ.AX and an architect of the lender's expansion into Asia, Mike Smith, will step down at the end of the year. He will be succeeded by Shayne Elliott, the bank's chief financial officer. (http://on.wsj.com/1JEAQde)

- Russia launched airstrikes in Syria on Wednesday, catching U.S. and Western officials off guard and drawing new condemnation as evidence suggested Moscow wasn't targeting extremist group Islamic State, but rather other opponents of Bashar al-Assad's regime. (http://on.wsj.com/1hcl7eE)

- China has begun to report its currency reserves to the International Monetary Fund for the first time-a milestone in opening a key facet of the country's economy to the public view. The move comes as Beijing seeks to have its currency, the yuan, included in the basket of reserve currencies that comprise the fund's lending instrument. (http://on.wsj.com/1JEB9os)

- Indonesia's handling of the bidding for its first high-speed train, with reversals and mixed messages to Japan and China, added to the confusion foreign companies face. After months of bids, revisions, and talks among presidents and prime ministers-even a short-lived cancellation of the project-Japan said this week that Indonesia picked China for the $5 billion project. (http://on.wsj.com/1QLYsSQ)

- Two measures of the health of China's struggling manufacturing industry point to persisting headwinds for the world's second-largest economy. While September's official purchasing managers index registered a modest improvement over August's results, the gauge of factory activity also showed that manufacturing continued to contract at a time when the world is increasingly focused on China's growth prospects. (http://on.wsj.com/1M2LnAN)

- Afghan troops recaptured the northern city of Kunduz from the Taliban early Thursday, officials and residents said. Afghan troops had on Wednesday night launched a counteroffensive against militants who had stormed the city days earlier. (http://on.wsj.com/1MI7aki)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.