The lack of clarity about the US data and timing of interest rate hike have put further pressure on Asian stock markets. Several Asian stocks slipped into pressure on Friday trading ahead of the US data jobs report. Japan's Nikkei fell 1.7 percent for the week. The long holiday stretch for Chinese markets also resulted in sluggishness in the Asian market.

Apple finally announced the launching of Apple Music to Chinese customers. The app comes with a three-month trial. After that, 10 Chinese yuan per month will be charged. iTunes, iBooks, and Movies were also made available.

The China's Commerce Ministry has slapped a fine on a joint venture (JV) between Microsoft Corporation and its Chinese partner BesTV in Xbox game console venture for breaking antitrust laws. However, the Redmond-based global IT major has escaped from a major penalty as the investigation didn't find any major fault on the part of Microsoft over market competition rules. The investigation on Xbox marketing drive revealed that Microsoft didn't obstruct the free market competition. The Chinese Commerce Ministry has imposed a penalty of Yuan 200,000 ($31,430) on Microsoft JV firm in China.

The Chinese manufacturing sector registered its worst performance in the past 78 months. The measure of sentiment among purchasing managers, Preliminary Caixin China manufacturing index (PMI) dropped to 47 in September from 47.3 in August.

China e-commerce industry is worth $2.1 trillion in 2014 with the number of users growing by 31.4 percent as reported by China E-Commerce Research Center (CERC). Out of the total amount, $450 billion comes from the online retail business alone. Current market players in the e-commerce are Alibaba, JD.com, and Suning Commerce.

The china's economy slowdown is likely to continue for next three years, predict real-estate developers. The robust growth has led cities to emerge as major infrastructure built up ones. There's opportunity in smaller cities though they can't offer the kind of growth witnessed in cities like Beijing and Shanghai.

The Shanghai Gold Exchange (SGE) has allowed using physical gold and other securities as collateral on futures contracts trading. The move is aimed at increasing volumes and attracting investors from other markets.

China faces risks of deflation, as manufacturers' selling prices fall for the 42nd consecutive month in August. The Producer Price Index (PPI) shed 5.9% from a year earlier, much worse than market expectations of a 5.5% decline.

After gaining for a while on government's intervention, offshore Yuan fell for three sessions in a row. The Chinese government seems to be moving back from supporting the weakening currency Yuan and restricting capital outflow.

The growth rate of China's economy for 2014 has revised marginally lower to 7.3 percent from previous forecast of 7.4 percent. The drop in services sector weighed more on gross domestic product (GDP). According to the latest data from National Bureau of Statistics (NBS), the GDP stood at 63.6 trillion Yuan ($10 trillion) in 2013 and this was 32.4 percent lower than earlier projection. The latest data casts shadow over the Chinese government's target of seven percent for 2015.