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 - 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.

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.

AP - East Asia is the world's electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp., a Taiwanese maker of smart phones, is moving out of the shadows and trying to establish its own brand name as it competes with Apple's iPhone.

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.

AP - Craiglist's "adult services" section has been shut down in the U.S., but prostitution on the Internet is alive and well — even, quite possibly, on Craigslist.

AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.

AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.