With euro zone inflation disappearing, ECB poised to act
Euro zone inflation fell unexpectedly in May, all-but sealing the case for the European Central Bank to act this week with a batch of measures to stimulate the economy and keep it from the clutches of deflation. Annual consumer inflation in the 18 countries sharing the euro fell to 0.5 percent in May from 0.7 percent in April, the EU's statistics office Eurostat said on Tuesday. Economists polled by Reuters had expected inflation to remain steady.
Rebound in euro zone credit ratings: overdue or overshoot?
Rating agencies are falling over each other to upgrade the euro zone's crisis countries, but with debt levels in most still rising and growth and reforms slow, the question is whether the new-found optimism has swung too far.
Egypt's Sisi wins presidential election
Abdel Fattah al-Sisi, the general who toppled Egypt's first freely elected leader, took more than 90 percent of the vote in a presidential election, provisional results showed on Thursday, joining a long line of leaders drawn from the military.
Populist advances set to hobble EU integration
Stunning gains by anti-EU and populist parties in the European Parliament elections will prevent any new treaty on deeper euro zone integration for the foreseeable future and may tilt Europe's economic policy mix more towards expansion.
China healthcare reform to relax curbs on foreign investment in hospitals
China will ease curbs on foreign investment in joint-venture hospitals, the government said on Wednesday, as it deepens a sweeping overhaul of its healthcare system aimed at cutting costs and sprucing up overloaded public services.
Asian shares waver, euro steady but ECB talk weighs
Asian stocks erased early modest gains on Tuesday, while the euro steadied but remained vulnerable after overnight comments from the European Central Bank chief heightened expectations of easing steps in the euro zone.
In India for Modi's inauguration, Pakistan leader talks of peace
South Asia's bitterest rivals have an opportunity to turn a page in their history of troubled relations, Pakistan's prime minister said on Monday after he and other regional leaders arrived for the swearing-in ceremony of India's Narendra Modi.
Pakistan prime minister to attend inauguration of Indian prime minister
Pakistan has accepted an invitation to Prime Minister Nawaz Sharif to attend the inauguration of Indian Prime Minister-designate Narendra Modi, an official said on Saturday.
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