NEW YORK (TheStreet) -- Japan's industrial output fell unexpectedly in August, raising doubts over the country's recovery. Factory output fell by 0.5% month on month, vs. expectations of growth of 1% by analysts, underlying the hardships faced by countries in Asia as China's slowdown becomes more pronounced. The fall in industrial output is fueling fears that a recession may be imminent despite huge quantitative easing efforts by the Bank of Japan.

  • Microsoft (MSFT) aims to make its Office suite of programs work seamlessly on non-Microsoft platforms and on all Microsoft ones, CEO Satya Nadella told the Wall Street Journal in an interview.
  • Ralph Lauren (RL) named Stefan Larsson, global president of Gap (GPS) division Old Navy, to succeed founder Ralph Lauren as CEO starting with November. Ralph Lauren will remain executive chairman and creative chief. Ralph Lauren shares were up in pre-market trading.
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