Australia to Assume B20 Stewardship in December

Sept. 20 (Bloomberg) --Wesfarmers CEO and Managing Director Richard Goyder discusses the U.S. markets and what Australia's business leaders are doing to prepare for the next G20 summit. He speaks to Zeb Eckert on Bloomberg Television's "First Up."
China’s Official Factory Gauge Shrinks
41:27 - China’s Purchasing Managers’ Index fell to the lowest reading in three years as monetary easing failed to revive old growth drivers weighed by overcapacity and sliding prices. The figure was 49.7 for August, matching the median estimate in a Bloomberg survey and down from 50 in July. Meanwhile, Australia left interest rates unchanged as a declining currency cushions the impact of lower commodity prices and a weaker outlook for its key trading partner.
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