Reuters - Japan's Shin-Etsu Chemical Co Ltd (4063.T) sees no signs of recovery in the U.S. housing market and is looking to emerging markets for growth, the president of the chemical maker said on Monday. Shin-Etsu is the world's largest maker of polyvinyl chloride (PVC), a resin used in pipes, wires and other construction materials. It was hit hard by the U.S. housing slump.

Reuters - Oil fell by more than $1 on Monday as traders booked profits from crude's biggest one-day jump, but OPEC's resistance to pumping more oil kept prices near their latest record high.

AP - That economic rebound in the second half of the year so many experts have predicted — including Federal Reserve Chairman Ben Bernanke himself — is starting to look dicey.

Reuters - Wall Street may be in for a rocky ride this week as investors recall Friday's triple threat -- oil at a record above $139 a barrel, a troubling unemployment report and the stock market's 3 percent drop -- while they await inflation data for May.

AFP - Unrest in the Niger Delta is becoming a major problem for the Nigerian government but its importance as an oil producer is also helping extend its shadow over the world economy.

AFP - The United States and Asia's four largest powers voiced "serious concerns" Saturday after the single biggest one-day hike in oil prices, warning that the global economy was at risk.

AP - Wal-Mart officials, bolstered by a rebounding stock price and improved image, told shareholders on Friday that their renewed focus on price and better merchandise is winning over customers who they expect to keep when the sluggish economy improves.

AFP - The United States and Asia's four largest powers voiced "serious concern" Saturday about a record spike in oil prices but vowed to keep scaling back politically sensitive fuel subsidies.

Reuters - The world's leading semiconductor maker Intel Corp faces a formal investigation by the U.S. Federal Trade Commission after fighting similar antitrust probes in Europe and Asia, the company said on Friday.

Reuters - The U.S. unemployment rate surged to 5.5 percent in May, its highest in more than 3-1/2 years, as the barely growing economy lost jobs for the fifth straight month.