The China Development Bank will release another $1.2 billion to Ghana by the end of August as part of a $3 billion loan agreement for investment in Ghana's natural gas infrastructure, the state-run China Daily newspaper reported Wednesday, citing a Ghanaian government official.

The London Stock Exchange Group PLC (LSE.LN) on Wednesday said the trading environment is still weak and that the next few months will likely to be quiet, even after posting a 10% rise in first-quarter revenue from a year earlier.

TAKING THE PULSE: India's oil and gas explorers are likely to post a rise in their April-June net profit, while refiners will say their bottomlines shrank -- both due largely to the rupee's plunge against the U.S. dollar.

Mexican precious metals miner Fresnillo PLC (FRES.LN) Wednesday said its remains confident of meeting its full year gold and silver production targets after producing record quarterly gold output but lower silver output in the second quarter.

Norwegian fertilizer producer Yara International ASA (YAR.OS) Wednesday said agricultural markets are strong as the company posted a rise in second-quarter net profit, helped by higher volumes and improved margins amid a strong nitrogen fertilizer market.

Bajaj Auto Ltd. (532977.BY) Wednesday said its April-June net profit rose less than 1% because of a fall in overall sales volume.

Oil and gas company Tullow Oil PLC (TLW.LN) Wednesday announced that the Wawa-1 exploration well in the Deepwater Tano license offshore Ghana has intersected oil and gas-condensate in a Turonian turbidite channel system.

Australia's Lend Lease Corp. (LLC.AU) and Germany's Siemens AG (SIE.XE) have won a contract to build the A$2 billion (US$2.06 billion) Sunshine Coast University Hospital.

Average housing prices in 70 Chinese cities were flat in June from May, a government survey showed Wednesday, ending eight straight months of declines and offering yet another sign that the country's real-estate market may have bottomed out.

Dutch semiconductor equipment maker ASML Holding NV (ASML.AE) Wednesday posted a drop in profit but said it expects demand for its tools, which produce the silicon chips used in smartphones and tablet PCs, to remain strong despite a tough macro economic environment.