Reuters - Asian stocks hovered near one-month highs on Tuesday as investors awaited Chinese data, while the euro took a hit after a newspaper report rekindled fears about the weakness of European banks.

AP - Forecasters say Tropical Storm Hermine has come ashore in extreme northeastern Mexico.

AP - An imam who has become the public face of a proposed Islamic community center and mosque near ground zero has returned to the United States following a taxpayer-funded tour of the Middle East, his wife said Monday.

AFP - The head of South Korea's second-largest automaker Kia Motors has resigned to take responsibility for mass vehicle recalls caused by defective electrical wiring, the company said Tuesday.

Reuters - President Barack Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild infrastructure with an initial $50 billion investment and prepared new business tax cuts.

AFP - Plans to radically re-draw cross-border economic government across Europe hit a stumbling block on Monday 10 days from a deadline for concrete action set by European Union leaders.

AP - The Justice Department won't say if the blowout preventer that failed to stop oil from gushing from BP's undersea well into the Gulf of Mexico is on its way to shore.

AP - The Justice Department won't say if the blowout preventer that failed to stop oil from gushing from BP's undersea well into the Gulf of Mexico is on its way to shore.

AFP - Europe slapped a summons on German chemical giant BASF on Monday after a "blunder" allowed seed from a new genetically modified potato to remain in a field in Sweden.

AP - In a country of dense rain forests with few paved roads, boarding an overcrowded boat on a treacherous river is simply a way of life. This weekend, journeys on the dangerous waterways stole the lives of up to 270 people.

AFP - The World Trade Organization will issue its long-awaited opinion on Europe's challenge to American subsidies to US aerospace giant Boeing next week, a source close to the matter said Monday.

AFP - Over 70 environmental NGOs including the WWF called Monday for the sacking of Romania's new agriculture minister for his links to the genetically modified crop industry.

AP - Southeastern Texas was forecast to welcome the Labor Day with unsettled weather activity as a tropical wave in the southwestern Gulf of Mexico approached the Texas and eastern Mexico coast.

Reuters - Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts said on Monday, arguing for greater investment in water storage.

AFP - With a key piece of evidence raised from the depths of the Gulf of Mexico and BP's Macondo well ruled a threat no longer, the focus shifts to what went wrong and who is to blame.

AFP - Oil giant BP has increased to nearly 25 billion pounds the amount it wants to raise from an asset sale programme in the wake of the Gulf of Mexico oil spill, the Sunday Times newspaper reported.