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Eurozone business confidence plummets – data

The business climate index in the euro area fell to its lowest level in two years in May, according to a preliminary estimate by the EU’s statistics agency, Eurostat, released on Tuesday. Data showed that the indicator, which is based on monthly surveys and is designed to assess the state of the business environment within…

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Asia has alternative to SWIFT – media

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North Korea rejects US criticism of failed satellite launch

The logic applied by Washington towards Pyongyang is “gangster-like,” Kim Jong-un’s sister says The US is in no position to condemn North Korea for trying to launch a satellite, having sent thousands into orbit itself, the influential sister of leader Kim Jong-un said on Thursday. Pyongyang will soon launch its first-ever reconnaissance spacecraft, Kim Yo-jong…

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