Turkish lira slips, stocks, bonds gain after Simsek appointment
By Canan Sevgili (Reuters) -Turkey’s lira extended recent losses, weakening more than 1% against the dollar on Monday, while stocks…
China’s fiscal condition healthy, but local govts see high debt risks – Xinhua
BEIJING (Reuters) – China’s fiscal status overall is sound and safe, but some local governments are facing high debt risks…
Vietnam’s power blackouts hit multinationals’ manufacturing hubs
By Khanh Vu and Francesco Guarascio HANOI (Reuters) – Vietnam’s rolling power cuts have hit industrial parks in the country’s…
Kremlin: OPEC+ important to global energy market stability
MOSCOW (Reuters) – OPEC+, the group of leading oil-producing countries, is important for providing stability on global energy markets, Kremlin…
Turkey inflation dips to 39.6% on relief from free gas
ISTANBUL (Reuters) – Turkish annual inflation fell to 39.59% in May, official data showed on Monday, broadly in line with…
Volvo Cars sales up 31% in May as it recovers from past years
HELSINKI (Reuters) – Sweden-based Volvo Cars on Monday posted a 31% rise in sales in May compared with a year…
Papal envoy heads to Ukraine to ‘listen carefully’ to possible peace plans
By Philip Pullella and Alvise Armellini VATICAN CITY (Reuters) -Italian Cardinal Matteo Zuppi, tasked by Pope Francis to carry out…
Eurozone investor mood darkens due to ‘problem child’ Germany, survey finds
BERLIN (Reuters) – Investors got more gloomy on prospects for the euro zone economy in June, dragged down by negative…
Euro zone business growth slowed in May as factories struggled-PMI
LONDON (Reuters) – Euro zone business activity was shored up last month by the bloc’s dominant services industry offsetting a…
Japan won’t directly mention time frame to balance budget in mid-year policy -draft
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) – Japan will not detail a time frame for balancing the primary…