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China April industrial output up 5.9% on year

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China's Shanghai Composite index trimmed losses slightly to move back into neutral territory, while the Hang Seng index traded flat following the data.. China's central bank this week cut...

Schäuble's subplot – a Grexit, it seems, no longer worries Germany

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The late news from the make-or-break talks in Brussels was no news at all, really. There were a few encouraging words for the progress Greece is making on its reform plans. Athens also ordered a €750m (£535m) repayment to the International Monetary Fund. But an agreement on releasing €7.2bn of bailout funds? No.