By John Ruwitch | HEFEI, China (Reuters) – A Chinese court sentenced the wife of ousted Politburo member Bo Xilai to death on Monday but suspended her execution, witnesses to the hearing said, ending one chapter of a scandal that has shaken the country … Japan says disputed islands should not hurt key China ties
TOKYO (Reuters) – Japan urged China on Monday to protect its citizens after anti-Japanese protests rocked Chinese cities on the weekend, and stressed that a feud over disputed islands in the East China Sea should not damage ties between Asia's two biggest economies. Thousands of protesters took to the streets in Chinese cities on Sunday, with groups overturning Japanese cars and shouting slogans denouncing Japan's claims to the islands, known as the Senkaku in Japan and the Diaoyu in China. … Australia's BlueScope Steel posts $1 bln loss
Australia's struggling BlueScope Steel Monday reported a Aus$1.04 billion (US$1.09 billion) net loss for the 2012 fiscal year, but said it was now well-positioned globally for growth. Brent crude gains as U.S. oil release meets resistance
SINGAPORE (Reuters) – Brent crude futures inched up in early Asian trade on Monday after a plan by the United States to release its strategic petroleum reserves met opposition, while expectations of a revival in North Sea crude output also limited gains. Oil prices slipped last week after a source said the White House was "dusting off" plans for potentially tapping the Strategic Petroleum Reserve, as high energy costs from undermining the success of Iran sanctions. … S.African strikers face ultimatum after mine shootings
An ultimatum issued by platinum giant Lonmin to workers to end a wildcat strike runs out Monday after the London-listed company ordered employees back to work at a South African mine where police killed 34 people. Shares ease after recent gain, policy bets persist
TOKYO (Reuters) – Asian shares inched lower on Monday, taking a break after investor risk appetite had risen on hopes that Europe's policymakers will take decisive steps to tackle the euro zone's debt crisis in coming weeks. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, pulled lower by Chinese shares. The index has risen about 1 percent so far in August and is hovering near a three-month high hit earlier in the month. Hong Kong shares fell 0. … Somali lawmakers to elect new president
Somalia's newly appointed legislature elects the country's next president Monday, in a fresh bid to end two decades of unstable central government in the war-torn Horn of Africa nation. Japan's Miyazato wins Safeway Classic
Japan's Mika Miyazato claimed her first LPGA Tour title by winning the Safeway Classic with a closing two-under 70 to beat Inbee Park and Brittany Lincicome by two shots. 
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