TOP STORIES 
 
GLOBAL MARKETS HEAD LOWER 

Global stock markets headed lower at the end of a turbulent month that was dominated by concerns over China and the timing of a U.S. Federal Reserve interest rate rise.

EUROZONE INFLATION STAYS LOW 

Eurozone consumer prices were barely higher than a year earlier in August, keeping pressure on the European Central Bank to consider additional stimulus measures to bring inflation closer to its target near 2%.

BANK CLEARS PRICING BACKLOG FOR FUNDS 

Bank of New York Mellon said it had updated pricing data for mutual and exchange-traded fund-pricing issues before the market opened Monday, ending a weeklong struggle by the company to provide accurate asset values.

INDIA'S ECONOMIC GROWTH SLOWS 

India's economic expansion decelerated to 7% year-over-year in the quarter ended June 30, highlighting the challenges Asia's third-largest economy faces as it tries to gain momentum

BRISTOL-MYERS GRANTED RIGHT TO BUY PROMEDIOR 

Bristol-Myers Squibb said that it has been granted the exclusive right to buy privately held Promedior and its experimental fibrosis treatment for up to $1.25 billion.

HEALTHSOUTH TO BUY CARESOUTH FOR $170 MILLION 

Acute-care provider HealthSouth announced plans to acquire privately held home-healthcare company CareSouth Health System for $170 million in cash, a move to expand in five southern states.

SCORES INJURED IN UKRAINE PROTEST BLAST 

About fifty members of Ukraine's National Guard were injured, four of them seriously, in a blast outside parliament, as fighting broke out between protesters and law-enforcement personnel following a controversial vote on the country's constitution.

ITT TO ACQUIRE WOLVERINE AUTOMOTIVE 

ITT Corp. agreed to acquire Wolverine Automotive Holdings Inc. for roughly $300 million, which will add a maker of automotive braking systems and sealing solutions for a range of industries.

NOMURA WRONGFULLY DISMISSED AMERICAN EXECUTIVE, COURT FINDS 

Japan's largest brokerage wrongfully dismissed an American managing director during a dispute over compensation for a product he invented, the Tokyo District Court ruled.

EXELON REAFFIRMS COMMITMENT TO BUYING PEPCO 

Exelon Corp. on Monday reaffirmed its commitment to buying Pepco Holdings Inc., after utility regulators for the District of Columbia rejected the $6.8 billion deal last week.

GERMAN RETAIL SALES ON THE REBOUND 

German retail sales grew on the month in July, rebounding after June's decline, while other indicators show consumer sentiment is still at a high level.

CANADIAN OIL SANDS HALTS CRUDE PRODUCTION AT SYNCRUDE 

Canadian Oil Sands Ltd.has halted production at its Syncrude project in northern Alberta after a fire damaged equipment at its synthetic crude oil processing facility.

U.K. APPROVES GIANT NORTH SEA GAS PROJECT 

A.P. Mø ller-Maersk A/S said it has received approval to develop the $4.5 billion Culzean gas field, the largest new find in the U.K. North Sea for a decade.

ISLAMIC STATE BLOWS UP TEMPLE OF BEL IN SYRIA'S PALMYRA 

Islamic State has partially destroyed Palmyra's 2,000-year-old Temple of Bel in a massive explosion, the latest in a series of attacks by the militants on the Syrian city's famed historic sites.

AUSTRIA TOUGHENS CONTROLS AMID MIGRANT CRISIS 

Austrian police have toughened controls in the country's eastern border region close to Hungary in response to last week's discovery of 71 dead migrants in an abandoned truck.

CANADA CURRENT-ACCOUNT DEFICIT HITS THIRD-LARGEST ON RECORD 

Canada's current-account deficit was its third-largest on record in the second quarter, reflecting the fallout of the commodity-price rout in the first half of 2015.

INDIA'S CENTRAL BANK NAMES 'TOO BIG TO FAIL' BANKS 

India's central bank names two of the country's largest banks by assets, State Bank Of India and ICICI Bank, as domestic systemically important banks.

ILIAD LIFTED BY NEW MOBILE CLIENTS 

Iliad said net profit rose 16% in the first half as the French low-cost telecom company continued to win over new mobile clients with its ultracheap tariff plans.

JAPANESE INDUSTRIAL PRODUCTION FALLS 

Japanese industrial production fell 0.6% in July from the previous month, the Ministry of Economy, Trade and Industry said.

NEW TALLEST SKYSCRAPER PLANNED FOR TOKYO 

Mitsubishi Estate plans to build what would be Japan's tallest skyscraper as part of an $8.3 billion development in central Tokyo, the latest sign of a surging property market in the capital.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
U.S. News 
MEET THE PRIVATE WATCHDOGS POLICING FINANCE 
 

The use of outside monitors to police financial institutions that have misbehaved has exploded in recent years, sometimes generating friction.

 
Markets Main 
CHINA'S TWO-YUAN DILEMMA 
 

Since China devalued the yuan on Aug. 11, the spread between its value in Hong Kong and in the mainland has widened-a complication for Beijing's ambitions to raise the currency's global profile.

(END) Dow Jones Newswires

August 31, 2015 10:31 ET (14:31 GMT)

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