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At Gree Electric Appliances' 2025 annual shareholders' meeting on June 30, chair Dong Mingzhu said exports had underperformed and the company will accelerate improvements. She said an overhaul of overseas sales channels is urgent and that the company

2026-06-30

At Gree Electric Appliances' 2025 annual shareholders' meeting on June 30, chair Dong Mingzhu said exports had underperformed and the company will accelerate improvements. She said an overhaul of overseas sales channels is urgent and that the company will implement major reforms to its operating model. Dong noted Gree still has significant overseas growth potential as its product mix has expanded beyond air conditioners.

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2026-06-30

ECB chief economist LANE said oil prices could remain above pre-war levels as energy firms and governments rebuild inventories, which would sustain upward pressure on inflation. He noted Brent crude briefly fell to pre-war levels last week, but deman

ECB chief economist LANE said oil prices could remain above pre-war levels as energy firms and governments rebuild inventories, which would sustain upward pressure on inflation. He noted Brent crude briefly fell to pre-war levels last week, but demand for restocking may keep prices elevated. LANE added that while the ECB welcomes lower oil prices, oil may stay above pre-war levels for several years, imposing persistent cost-push pressure on the economy.
2026-06-30

Russia's Ministry of Finance plans to sell 1.5 trillion rubles worth of OFZ bonds in the third quarter.

Russia's Ministry of Finance plans to sell 1.5 trillion rubles worth of OFZ bonds in the third quarter.
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