DUBAI, Sept 1 Gulf stock markets may rise on Tuesday after oil prices surged overnight, although profit-taking has already erased some of crude's gains and its persistent volatility, along with poor economic data from China, may keep some investors wary.
Shanghai: Chinese state media announced a slew of confessions on Monday following investigations into dramatic stock market fluctuations, including from a reporter who said he had spread false information that had caused "panic and disorder".
India's manufacturing sector expanded at a slower pace in August as new order growth from home and abroad weakened. The Nikkei/Markit purchasing managers' index came in at 52.3 in August, from 52.7 in July.
0455 GMT [Dow Jones] Hong Kong equities slump in the morning session after China's official and private sector PMI gauges show weakness across manufacturing and service industries.
Last week, it looked like markets had bullied the US Federal Reserve into delaying interest rate increases, but over the weekend one of the central bank's most senior and respected policymakers fought back.