Reports: China loan spree goes to stocks, property (AP)
AP – China risks frittering away its stimulus spending on speculation in stocks and real estate, reports said Monday, citing economists who say surging bank loans risk inflating risky asset bubbles.

SEC may tighten executive pay rules: sources (Reuters)
Reuters – U.S. securities regulators are considering changing how companies are required to disclose stock options awarded to executives, people familiar with the Securities and Exchange Commission’s thinking told Reuters on Tuesday.

Strong quarter ends cautiously as earnings loom (AP)

AP – Investors carried Wall Street to a remarkable second-quarter performance even though stocks’ big spring rally stalled weeks ago.

Vodafone talk lifts European equities (AFP)

AFP – European stock markets rallied on Monday, helped by a report that mobile phone giant Vodafone could launch a bid for the British unit of Germany’s T-Mobile, traders said.