GAZA/JERUSALEM - Israeli shelling near the southern Gaza town of Rafah killed at least 25 people, as a ceasefire that went into effect only hours earlier appeared to be crumbling. Full Article
SYDNEY - Asian shares were mostly under water on Friday after a sudden slump on Wall Street spilled over globally, though a surprisingly strong pick up in manufacturing helped Chinese markets hold at seven-month highs.
BEIJING - China's factories posted their strongest growth in at least 1-1/2 years in July as new orders surged to multi-month highs, two surveys showed, cementing bets that the economy is re-gaining momentum after a spate of stimulus measures. Full Article
KIEV - Ukraine's parliament rejected Prime Minister Arseny Yatseniuk's resignation and finally passed legislation he said was needed to finance an army offensive against a separatist rebellion in the east and avert a national default on its debts. Full Article
DETROIT - The U.S. auto industry hasn’t appeared so healthy for years. Sales hit an eight-year high in June, there appears to be plenty of pent-up demand, and discounting is far from getting out of hand. But a minority on Wall Street are worried. Full Article
FREETOWN - Sierra Leone has declared a state of emergency and called in troops to quarantine Ebola victims, joining neighbouring Liberia in imposing controls as the death toll from the outbreak of the virus hit 729 in West Africa. Full Article | Video
Aug.01- Israelis and Palestinians will wake up Friday morning to the start of a new 72-hour ceasefire in the Gaza Strip. Nathan Frandino reports.