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International

Russia approves pumping $6.6 billion into state banks
The Russian government has approved injecting 239 billion roubles ($6.6 billion) into two of the countryís largest, state-controlled banks that have been hit with Western sanctions.
Sales of US new homes record 2.4% drop in July
Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery.
US S&P 500 stock index hits 2,000-level milestone
The US S&P 500 stock index broke through the landmark 2,000 level on Monday, marking a six year rally which has benefitted many Americans from Wall Street to Main Street.
Saudi, Egypt slip on profit-taking after strong gains
Stock markets in Saudi Arabia and Egypt edged down on Monday as investors booked profits after strong gains, while Qatarís bourse rose on expectations for fund inflows when a few local stocks get higher weightings in MSCIís emerging market index.
Mumís the word on soaring Swedish household debt as elections near
The couple plan to buy a flat in Stockholm for five to six million Swedish crowns ($724,000 to $869,000), initially with an interest-only bank loan, among other spending plans.
New-policy pressure on Fed
Growing anxiety on risks of holding key rates too long sets up intense debate
Europe deflation fears rise
Consumer price data and bold ECB steps likely to take centre stage this week
Ukraine faces difficulty without Russian gas
Months of fighting between government forces and separatist rebels in eastern Ukraine has forced coal mines to cut production or close entirely, imperilling the countryís electricity market.
Hurdles obstruct Argentinaís path to restructuring debt
Question marks surround how country will locate its debt holders
Ask Congress to renew Ex-Im Bank, Obama tells businesses
Obama said in his weekly radio address that if Congress lets the bank close, it would be stunting US export growth and impeding economic expansion.
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