• Australia warns of asset bubble risks, China upbeat
• Canon, Hitachi post weak earnings, Canon raises forecast
• Australian dollar hits 10-mth high on upbeat c. bank report
• Asian shares at 10-mth high; World stocks at 9-mth peak
• Earnings propel markets, but asset bubble worries increase
  

Reuters 29 July 2009

• The US and China are committed to fighting protectionism, US Treasury Secretary Timothy Geithner has said following two days of high-level talks.
• US house prices have seen their first monthly increase in nearly three years, according to a leading property index.
• Shares in China's largest housing construction company have soared by 70% on their first day of trading since they were publicly issued.

BBC Business News 29 July 2009

Malta warm and sunny at 30 degrees.
Gemma Spawforth wins a gold medal for GB in the 100 metres backstroke at the World Championships also breaking the world record.
England to host the 2015 Rugby World Cup.