Bloomberg Business

China’s manufacturing contraction eased slightly in August and a gauge of new orders improved, providing some hope that the worst of the sector’s slump may be ending.

South Africa’s state-owned power company will implement so-called stage-4 loadshedding until 4 p.m. on Thursday after more generation units broke down and as the utility rushed to replenish its emergency generation reserves.

UBS Group AG is seeing inflows both in its own franchise and at Credit Suisse over the past two months, as clients return following the completion of the takeover in June.

Shares in Asia fluctuated as investors digested the latest batch of economic reports from China, while Treasuries held gains from Wednesday in a sign of growing anticipation that the Federal Reserve is nearing the end of its tightening cycle.

Chinese President Xi Jinping will likely skip the upcoming leaders summit of the Group of Twenty nations in India next month, Reuters reported, citing government and diplomatic sources familiar with the matter.

Sweden’s biggest nuclear reactor will operate at reduced output for more than two weeks.

Turkey’s economy probably slowed in the second quarter, with activity set to remain subdued for the rest of the year as officials seek to put growth on a more sustainable footing by raising interest rates.

Western-based creditors expect to resume talks with Zimbabwe on restructuring its $18 billion of debt, despite doubt over the credibility of last week’s elections, which handed President Emmerson Mnangagwa another five-year term.

India has permitted some rice shipments to Mauritius, Bhutan and Singapore for food security purposes after the South Asian nation imposed sweeping export restrictions to control domestic prices.