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China's June services activity slows slightly, private PMI shows

China's services activity expanded at a slightly slower pace in June as growth in new business eased, though overseas demand rose at the fastest rate in 20 months, a private-sector survey showed on Friday.The RatingDog China General Services Purchasing Managers' Index, compiled by S&P Global, fell…

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Economy
reuters

JERA Nex BP raises stakes in two Belgian offshore wind farms

By Stephanie KellyOffshore wind energy operator JERA Nex BP has increased its shareholding in two Belgian offshore wind farms after acquiring partner Sumitomo Corporation's stakes in the projects, the company said on Friday.

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StocksBE
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Japan finance minister repeats readiness to respond on yen

Japanese Finance Minister Satsuki Katayama said on Friday the government will respond appropriately on currency movements, reiterating her warnings as traders braced for possible intervention from the Japanese authorities.Speaking at a regular press conference, Katayama also emphasised that the gov…

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Forex
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IMF and World Bank offer aid and credit for Venezuela earthquake recovery, Rodriguez says

By Julia Symmes CobbThe IMF and World Bank have offered aid and credit for recovery efforts after twin earthquakes devastated parts of Venezuela, Interim President Delcy Rodriguez said in a press conference on Thursday.She added that Venezuela is creating a $200 million reconstruction fund with the…

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Economy
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India refiner Nayara's gasoline sold to Russia via traders, sources say

By Nidhi VermaTraders have sold gasoline produced by Indian refiner Nayara Energy to Russia, which is grappling with fuel shortages triggered by Ukrainian attacks on its energy infrastructure, two sources with direct knowledge of the matter said on Thursday.Reuters reported on Wednesday that Russia…

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Futures
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Indonesian military says recovers body of American pilot killed by rebels in Papua

Indonesia's military has recovered the body of an American pilot who was shot dead by rebels in the restive eastern region of Papua, it said on Friday after a separatist group said the attack was a "message" to the U.S. and Indonesian governments.A low-level battle for independence from Indonesia h…

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reuters

Brent oil may retest support at $70.53

Brent oil ICEEUR:BRN1! may retest a support at $70.53 per barrel, a break below could open the way toward a range of $66.08 to $68.31.A projection analysis reveals a target range formed by the 461.8% and the 438.2% projection levels of a downtrend from $109.69.A bounce occurred around $70.53. Wheth…

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Futures