NEW YORK (Reuters) - The manufacturing sector grew in May at its slowest pace in three months as economic trouble overseas dented demand for exports, an industry survey showed on Friday.

LONDON (Reuters) - Global regulators will take more time over tightening rules for money market mutual funds after one of the world's top industry players said their proposals needed refining.

LONDON/SINGAPORE (Reuters) - The world's major economies are faltering or shrinking, with Chinese factory output barely growing, powerful European manufacturing countries falling deeper into malaise and the U.S. stuttering, surveys showed on Friday.

NEW YORK (Reuters) - Wall Street tumbled on Friday, with the Nasdaq Composite down 2 percent and the Dow Industrials turning negative for the year after jobs growth showed an anemic addition to the workforce, the latest blow in a string of data that triggered fears of a further slowdown in the global economy.

DETROIT (Reuters) - Chrysler Group posted a smaller-than-expected U.S. sales gain in May, and Ford Motor Co posted mixed results, suggesting industrywide demand slowed from the strong pace of the first four months.

WASHINGTON (Reuters) - Job growth braked sharply in May and the unemployment rate rose for the first time in 11 months, putting pressure on the Federal Reserve to ease monetary policy further to shore up the sputtering recovery.

(Reuters) - Chesapeake Energy Corp said it has found "significant" oil and natural gas reserves in parts of the Anadarko Basin in the Texas Panhandle and western Oklahoma.

NEW YORK (Reuters) - The pace of growth in manufacturing slowed modestly in May but a gauge of new orders rose to its highest in over a year, according to an industry report released on Friday.

FAYETTEVILLE, Arkansas (Reuters) - Wal-Mart Stores Inc stressed its strong financial performance this year, and Chairman Rob Walton promised at its annual shareholder meeting to make sure the company acted with integrity.