Currencies
14 May
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US warns European companies trading with Iran could face sanctions

A US national security adviser warned on Sunday that European companies who continue to trade with Iran risked being hit by US sanctions after President Donald Trump called for all links to be cut off.

14 May
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Quim Torra elected as new Catalan President

Quim Torra has been elected as the new president of the Generalitat de Catalunya following a second round of voting at midday on Monday, after failing on Saturday to garner the absolute majority (70 votes) needed to be chosen in a first vote.

14 May
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Mark Mobius 'definitely' interested in North Korean investment opportunities

Veteran emerging markets bull Mark Mobius said on Monday that he would "definitely" be interested in investing in North Korea, calling the opportunity presented by recent talks between the isolated nation and its southern neighbour a "beautiful combination".

14 May
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HSBC performs the world's first trade finance transaction using 'blockchain'

HSBC Holdings said on Monday it performed the world’s first trade finance deal using Corda, a single blockchain system.

14 May
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Italy parties close to power sharing deal ahead of talks with president

Italy’s 5-Star Movement and League parties were close to signing off on a power-sharing deal on Monday they could take to the nation's president later in the day.

14 May
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OPEC forecasts new supplies will outpace demand growth in 2018

The Organisation for Petroleum Exporting Countries nudged higher its forecast for growth in crude supplies from outside the cartel this year, predicting it would outpace the expected increase in demand.

14 May
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Mohamad ousts incumbent party in shock Malaysian election result

Malaysian opposition party Pakatan Harapan upset the ruling Barisan Nasional coalition in the Asian nation's general election last week, ousting the party that had run the country for the past six decades.

14 May
lorettamester
Cleveland Fed's Mester says "too soon to say inflation goal has been met"

A top Federal Reserve official welcomed the recent rise in inflation to the central bank's target level, but said it was too soon to say its inflation had been met, apparently placing her in the camp of those rate-setters who were expecting just two more interest rates hikes in 2018 and not three.