Asia

U.S. stock-index futures paused on Monday after a rally last week left the Dow and S&P 500 sitting at the highest levels on record.

The Dow and broader S&P 500 climbed slightly after notching fresh record highs last week.

Wall Street’s geopolitical concerns usually center on the Mideast, but investors are now nervously listening to the saber-rattling from the Korean peninsula.

The markets have “reached some kind of tipping point,” according to Gloom, Boom & Doom Report publisher Marc Faber. He added that global markets have realized deceleration in China’s economy is worse than predicted.

McDonald's fried up a 0.7% rise in comparable-store sales in July, topping estimates, as strong U.S. sales helped offset weakness in Europe. 

Gold took one of its biggest tumbles on record amid a whirlwind of worries over the global economy and concerns sovereign and institutional players will continue selling the precious metal.

The World Bank said remittances by migrant workers to the developing world are set to rise 6.3% this year to $414 billion.

China’s Communist Party announced a formal investigation last month into one of the party's most senior figures, Zhou Yongkang, and one hedge fund manager says the move will bring broader political and market implications.

The electronics maker was hit by concerns about sales of its flagship smartphone.

Shares of Wynn Resorts climbed more than 4.5% on Friday as investors cheered strong Macau sales and analysts unleashed a slew of upbeat notes. 

China replaces the U.S. as the world’s largest ice cream market.

Asia saw the wealth of its billionaires jump by 13% in 2013, making it the world’s fastest-growing region for the ultra rich.

General Motors announced it will stop manufacturing in Australia by the end of 2017 due to the country's elevated currency and relatively small market. 

GM plans to move its international headquarters from Shanghai to Singapore, as the largest U.S. automaker shakes up its operations abroad.

The Australian surfwear company will enter 10 days of exclusive talks with a consortium led by its former U.S. boss.

Japan’s Fast Retailing reportedly walked away from talks to buy private-equity owned J. Crew after buyout negotiations became public.

Marking the private-equity giant’s ever investment in Japan, KKR unveiled a deal to acquire Panasonic Healthcare from Panasonic for $1.7 billion.

Sony Corp Chief Executive Offer Kazuo Hirai is seeking to cure a TV business that has lost $7.8 billion over a decade by isolating it to speed up decisions on future strategy.

General Electric said it will record a $1.7 billion charge as it meets refund obligations related to the 2008 sale of its Japanese consumer loan business to Shinsei Bank.

Sony rallied on a report that it has hired investment bankers to review a hedge-fund plan to sell part of its entertainment unit.