Economy

OECD unemployment steady at 4.9% in April, near historic lows in several countries
Jobless rate unchanged in majority of member states, OECD says
OECD unemployment steady at 4.9% in April, near historic lows in several countries
Jobless rate unchanged in majority of member states, OECD says

European stocks close mostly lower as US and China reach new deal
Stoxx 600 down 0.27%, Germany's DAX loses 0.16%, France's CAC drops 0.36%, while UK's FTSE gains 0.13%

South Korea’s stock market rises to 3-year high
Korea Composite Stock Price Index climbs 35.19 points, or 1.23%, to end at 2,907.04, its highest close since Jan, 14, 2022, when it reached 2,921.92 points

Africa makes up over half of all countries with highest debt to China
China has ‘no political, economic gain’ from potential ‘debt trap’ that has become topic of much debate in country’s involvement in large-scale projects in Africa, says expert

Turkish Airlines carries 34M passengers in Jan-May period
Total number of passengers up 3.7% year-on-year in 1st 5 months of year, while total cargo, mail volume rises 2.7%

Trump hails lower-than-expected inflation, again urges Fed to lower rates
'FED SHOULD LOWER ONE FULL POINT,' US president says on social media, adding that this would cut interest on US borrowing