Law firm expects investor interest in Turkey
News from Emerging Markets
The government announced on Wednesday that the country had a trade surplus of USD 4.5bn in June, higher than market estimates which forecast USD 4bn. The figure compares favorably with May's trade surplus of USD 2.7bn.
SR Technics has announced that it has been selected to provide integrated component services for Etihad Airways ' new Boeing 787 fleet, and is in advanced discussions on further maintenance, repair and overhaul (MRO) contracts.
Ukraine received shipments of 2.7 million cubic meters of natural gas from Hungary, 22.9 million cubic meter from Slovakia, and 11.0 million from Russia on Tuesday, a spokesman of Ukrainian transport monopoly Ukrtransgaz told reporters on Wednesday,
STANDARD & POOR's has cut Zambia's credit rating, warning of a rapidly widening budget gap. The rating agency lowered the rating to B, five notches below investment grade. "Zambia's fiscal position is markedly and negatively deviating from our previous expectations", and any policy response will be "constrained" before Sep.
Mongolia's economy remains under pressure but prospects have improved after the agreement on the second phase development of the Oyu Tolgoi mine, according to the World Bank's Mongolia Monthly Economic Brief.
Singapore's manufacturing economy expanded for the second straight month in June, after contracting over five consecutive months. The Singapore Purchasing Managers' Index (PMI) posted a reading of 50.4, an increase of 0.2 point from the previous month.