Perutnina Ptuj seeks potential investor
News from Emerging Markets
The former SDP member and incumbent transport minister Ivan Brajovic has filed to the interior ministry a request to register a new party called Social Democrats Montenegro (SD), RTCG reported on Monday. The SD held its constituent meeting last week.
Government exceeded its borrowing target for the first six months of this year by more than GH¢763million, further deepening concerns about the country's debt position.
Turkish banks saw strong results in the second quarter of this year. A number of major Turkish banks have released financial results in the past few days. Halk Bank, Garanti, Is Bank and Finans Bank posted increases in net profit in the second quarter, while Yapi Kredi and Akbank saw declines in profits.
Hungary's trade surplus was €507 million in May, up from €282 million one year earlier, as exports went up 2.3%, while imports dropped 0.9%, the Central Statistics Office announced. The forint gained 0.2% against the euro but weakened nearly 23% against the dollar over the previous 12 months.
The Ministry of Industry and Trade (MoIT) has unveiled that it is tearing down tariff barriers on imports from other Asean member countries as part of the formation of the world's seventh largest free-trade market.
The slowing economy will gain traction in the second half of this year, supported by improving exports and household consumption and a rebounding property market, a Chinese bank has forecast.