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Australia has 40 per cent of the world's known uranium reserves.
China and the US are locked in competition over trade and over military and diplomatic influence in the region.
UN figures say the violence in eastern Ukraine has killed over 2,600 people and rendered 340,000 homeless.
Obama could meet Chinese President Xi Jinping at the UN General Assembly later this month.
The non manufacturing PMI tracks business activity in sectors including construction, software, aviation, railways and real estate.
The extremist group now appears to be trying to capture as much territory as possible in what it says will form an Islamic state.
Over the next two decades India and China are set to bring 35 nuclear reactors online.
The chaos in Iraq is the direct result of forced external intervention by the West, said Russia’s permanent UN envoy.
The pressure is on for the European Central Bank to begin stimulus programs to buoy the eurozone economy.
Growth of the eight core industries in India has fallen to 2.7 per cent in July.
