CHINA

Neymar led Brazil to the gold-medal match in men's soccer.

The Chinese government has taken an important step towards breaking the Boeing Co. (NYSE: BA) and EADS N.V. (Paris: EAD)'s Airbus SAS's duopoly in aerospace manufacturing by successfully testing a new regional plane, the Financial Times reported.

Sri Lanka and China remain friendly, despite an incident involving some stray fishermen. India watches closely as its southern neighbor and its big rival to the north get ever closer.

Among the charges: Pfizer's China subsidiary was accused of offering a program where doctors could claim cell phones and other goodies based on how many prescriptions they doled out of the company's products.

There have been few better ways to track the pessimism surrounding the China slowdown story than the declining value of shares of Caterpillar Inc. (NYSE: CAT), the world's largest maker of construction and mining equipment.

A Manila flood has killed more than 50 people in recent weeks and has continued to drench the country with torrential rains in the Philippine capital.

According to a latest report by Gartner, worldwide spending for IT outsourcing (ITO) services is on pace to reach $251.7 billion in 2012, a 2.1 percent increase from 2011 spending of $246.6 billion.

The effects of the drought that has pummeled the U.S. corn belt will be felt for a while, but the grain most affected by it isn't one the world's hungriest depend on to survive.

A spate of data releases over the coming days is expected to show signs of China's economy stabilizing in July after a slowdown that reduced its growth to its slowest rate in more than three years during the second quarter.

Kiir wears the ten-gallon Stetson so often in public that it has become his trademark.

Asian stock markets advanced Tuesday on renewed hopes that the European Central Bank (ECB) will shortly take policy action to lower the peripheral bond yields of struggling nations such as Italy and Spain.

The top after-market NYSE gainers Monday were China New Borun, Harte-Hanks, Oasis Petroleum, Giant Interactive Group and Pilgrim's Pride Corp. The top after-market NYSE losers were Elan Corp, Heckmann Corp, Duff & Phelps, Eagle Materials and STERIS Corp.

Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates.

Most of the Asian markets rose Tuesday as investor sentiment turned positive amid hopes that Germany will step up measures to alleviate the debt burden lingering over the euro zone.

General Motors Company (NYSE: GM) talked some smack at Dutch carmaker Spyker N.V. following its Monday announcement that it would sue GM for $3 billion over the bankruptcy of Saab Automobile AB.

China hailed the recent agreement between Sudan and South Sudan that will allow the landlocked South to resume exporting crude oil through its northern neighbor's pipelines after months of tense negotiations.

"I am from today a soldier in this blessed revolution," says former premier from Jordan on Monday.

Asian stock markets rallied Monday as better-than-expected jobs data from the U.S. and optimism at European action to boost the faltering regional economy buoyed sentiment.

The Americans extended their winning streak to 38 games.

Murray won the gold over Roger Federer in convincing fashion.

Coal miners in Zambia killed one Chinese manager and injured another during a riot Saturday. The miners were on strike at the Chinese-owned Collum coal mine in Sinazongwe in protest of delays in raising the minimum wage.