Colombia needs $7 bln a year to boost oil exploration, stop imports -union CNBC June 1, 2016 BOGOTA – Colombia will need about $7 billion in annual investment over the next 10 years to bolster oil exploration and avoid a drastic drop in output that would lead the Andean...

EU faces major test of trade resolve with Canada deal approval CNBC June 1, 2016 BRUSSELS – A rejection or laboured approval of a free trade deal struck with Canada could scupper the European Union’s chances of opening access to new markets, the EU and Canadian trade chiefs said...

India posts 7.6% annual growth on Modi’s policies Nikkei Asian Review June 1, 2016 NEW DELHI — Amid a global slowdown, India remains the fastest-growing major economy with fourth-quarter gross domestic product growth accelerating to 7.9%, official data showed on Tuesday, handing Prime Minister Narendra Modi another reason to...

China’s May PMIs leave economists cold Nikkei Asian Review June 1, 2016 BEIJING — On the surface, fresh data out of China suggests authorities are making headway in stabilizing the economy. Analysts, however, see a less rosy picture emerging from the numbers, with one calling the results “underwhelming.” The...

China’s slow recovery is making officials reckless Nikkei Asian Review June 1, 2016 SHANGHAI — About half an hour’s drive from the central Chinese city of Chongqing stands the Shuangfu New District. Many villagers have moved to the town as the municipal government built a bevy of cheap homes...